# SwissQuote: Asian Currencies On The Rise After US-North Korean Headlines | Exchange Rates UK

> Asian currencies, including the Korean won, rose after signals that a US-North Korea summit would proceed. Kim Jong Un reportedly committed to complete denuclearization of the Korean Peninsula. Liquidity was thin due to a long weekend.

- Date: 2018-05-30 · published 2018-05-30T12:00:00.000Z
- Category: geopolitics · region Asia · magnitude low
- Page: https://feedsoft.ai/events/65239-swissquote-asian-currencies-on-the-rise-after-us-north-korean-headlines
- Commodities: [Korean Won (KRW per USD)](https://feedsoft.ai/c/USDKRW.md)

## Why it matters

Reduced geopolitical risk lifts regional risk appetite and supports Asian currencies, which lowers the local-currency cost of dollar-priced feed imports. The effect on feed commodity prices is limited.

## Read by commodity

- USDKRW: bearish ▼

## Sources

- exchangerates.org.uk: https://www.exchangerates.org.uk/news/21802/asian-currencies-on-the-rise-after-us-north-korean-headlines.html

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