Bank of America: After the sale of AI shares, there is an opportunity to buy Korean won
2026-11-06 20:22:17
According to CoinMeta, U.S. banks believe that there is an opportunity to buy the Korean won after the sell-off in AI related stocks. Claudio Piron, the head of Asia Foreign Exchange and Interest Rate Strategy at the bank's Global Research Department, stated that the Korean won has recently weakened along with AI related stocks, but South Korea's considerable current account surplus provides "considerable" support for investors to take long positions. He believes that this factor will begin to play a role, and the current price level offers an opportunity for investors to establish long positions in the Korean won.
Source:Jin10 Data
This content is for market information only and does not constitute investment advice.
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