U.S. Dollar Weakens as South Korean Won Surges on Weaker Greenback Speculation

The U.S. dollar slipped on Thursday alongside a sharp rise in the South Korean won, fueled by ongoing speculation that Washington may be favoring a weaker dollar to support trade competitiveness. This sentiment also bolstered other Asian currencies, reflecting a broader shift in investor sentiment across the region. The move comes as global markets closely monitor U.S. economic signals and policy intentions that could impact currency dynamics worldwide.