# Bangkok Post - US Asia Allies may face biggest currency reversal

> Bloomberg reported that the South Korean won and Taiwan dollar have risen 6.1% and 4.3% against the dollar this year, helped by US rhetoric on currency manipulation. Analysts at Goldman Sachs Asset Management and Societe Generale warn that both economies are vulnerable to Trump's protectionism. Both countries rely heavily on exports, and Chinese manufacturers depend on their inputs.

- Date: 2017-02-06 · published 2017-02-06T12:00:00.000Z
- Category: macro · region Asia · magnitude low
- Page: https://feedsoft.ai/events/72752-bangkok-post-us-asia-allies-may-face-biggest-currency-reversal
- Commodities: [Korean Won (KRW per USD)](https://feedsoft.ai/c/USDKRW.md)

## Why it matters

A sharp reversal in these Asian currencies would shift the local-currency cost of dollar-priced imports for feed buyers in the region. Trade-war risk could also reduce export demand from China.

## Read by commodity

- USDKRW: neutral

## Sources

- bangkokpost.com: https://www.bangkokpost.com/business/general/1193829/us-asia-allies-may-face-biggest-currency-reversal

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