🇰🇷 SOUTH KOREAN WON FALLS TO WEAKEST LEVEL SINCE THE GLOBAL FINANCIAL CRISIS
South Korea’s won weakened to around 1,557 per dollar, its lowest level since March 2009.
The drop comes as foreign investors keep selling Korean stocks, while stronger US data lifted Treasury yields and boosted demand for the dollar.
The pressure is not limited to Korea, with Japan’s yen also falling to a 40-year low against the dollar above ¥162.
Whale Clips: @bitfinex moves 22k ($1.8b) of #Bitcoin from their Cold Wallet to this new address (19k $BTC) and 3k $BTC of it to their Hot Wallet.
New wallet: https://t.co/y2alVYFa6O
Speculation: This is @gamestop buying.
https://t.co/ILuDqeGAFq