South Korean Finance Minister says closely monitoring FX markets; says bold and stern measures will be taken against speculative trading and market-disturbing activity.
The South Korean Finance Minister's comments indicate a hawkish stance towards the FX markets and suggest an intention to counter any speculative trading that may destabilize the currency.
Iran warns of strikes on regional energy, telecoms firms if US hits power plants, Al Jazeera reports
UAE Ministry of Defense says "UAE air defenses are dealing with missile and drone attacks coming from Iran", via Sky News Arabia
South Korean Finance Minister says closely monitoring FX markets; says bold and stern measures will be taken against speculative trading and market-disturbing activity.
"Israel is preparing to act strongly against energy facilities in Iran if it receives the green light from Washington", via Al Jazeera citing a Yedioth Ahronoth report from March 31st
[ANALYSIS] Iranian War Day 35: Regional strikes continue while the prospect of a near-term de-escalation remains thin
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- The result of a four-way discussion on the pension fund’s market impact will be announced this month.
Such measures could signal increased volatility in the Korean Won and might prompt traders to adjust their positions based on potential government interventions, impacting broader risk sentiment in the region.
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