# South Korea’s virus-hit currency may heighten Trump’s ire

> South Korea's virus case count topped 1,000 and JPMorgan cut its full-year growth forecast to 2% from 2.3%, with industrial output seen shrinking about 10% this quarter. The won has fallen almost 5% since late January, near its weakest since 2016, which makes Korean exports cheaper.

- Date: 2020-02-26 · published 2020-02-26T12:00:00.000Z
- Category: macro · region South Korea · magnitude low
- Page: https://feedsoft.ai/events/54821-south-korea-s-virus-hit-currency-may-heighten-trump-s-ire
- Commodities: [Korean Won (KRW per USD)](https://feedsoft.ai/c/USDKRW.md)

## Why it matters

A weaker won supports Korean export competitiveness but raises the risk of renewed US trade friction over currency, and the economic slowdown dampens regional demand for commodities.

## Read by commodity

- USDKRW: bullish ▲

## Sources

- ajot.com: https://www.ajot.com/news/south-koreaas-virus-hit-currency-may-heighten-trumpas-ire

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.