Some Say USDKRW Is the VIX if the Currency Market. South Korea's currency is pretty much worthless currency relegated to being used as an "entertaining" VIX that pops up and falls down like a K-pop star.
One can see leading up to the dot com bust and previous busts that the USDKRW pair rose up in a VIX like way. Will history repeat itself? I am posting this to track it for future reference leading up to a recession.
A chart of the US yield spread:
One can see leading up to the dot com bust and previous busts that the USDKRW pair rose up in a VIX like way. Will history repeat itself? I am posting this to track it for future reference leading up to a recession.
A chart of the US yield spread:
Note
The recession is here:Note
Note
Trade closed: target reached
Note
first target reached....
Capturing the swings of the stock market & currency market. It's a dirty job and equity/currency traders must do it.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Capturing the swings of the stock market & currency market. It's a dirty job and equity/currency traders must do it.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.