# S Korean won is proxy for Asia - Asia Times

> Bloomberg reports that the South Korean won is the most liquid Asian emerging-market currency and is seen as a proxy for Asian risk ahead of US fiscal policy announcements. Strategists say its moves reflect the health of regional trade, with Korean trade data a useful indicator.

- Date: 2017-05-16 · published 2017-05-16T12:00:00.000Z
- Category: macro · region Asia · magnitude low
- Page: https://feedsoft.ai/events/71224-s-korean-won-is-proxy-for-asia-asia-times
- Commodities: [Korean Won (KRW per USD)](https://feedsoft.ai/c/USDKRW.md)

## Why it matters

Currency moves in the won signal changes in Asian trade sentiment that can affect export demand for feed grains and meal, though this is commentary rather than a new shock.

## Sources

- asiatimes.com: https://asiatimes.com/2017/05/s-korean-won-trade-performance-proxy-asia/

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