AUD/KRW - Australian Dollar Korean Won

Sell Aussie$, Singapore$, NZ$, HK$, and Euro against Korean Won, the reason is that: . . In fact, the S.Korean domestic economy may be suffering from the holding interest rate by BOK due to increasing more and more goods from overseas esp oil and gas from US, Middle East and so on:) . . However, S.Korean companies such as LG Electronics, Samsung Electronics, S.K Hynix etc already became multi-national corps, means that they are free from the tension between China and USA as a great supplying channel unless China and USA both ban all of importing activities, means that US and China impose tariffs on both products not S.Korean goods esp intermediate products, which must be imported to manufacture complete products:). . As a matter of fact, the multi-national corps, mentioned above from S.Korea, will be the biggest winner as a great supplying channel as they have been in the world market since 2011yr:) . . However what about Aussie, NZ, H.K, Singapore etc? No Growth Engine for them:)

S&P just announced that Australian Goverment budget deficit would be continued in coming years. So S&P listed Aussie economy as one of Negative Watching Countries. S&P will downgrade Australian credit rating by 2020.

The Korean Won will be appreciated further and further against not only Aussie$, but also against US$ until 1st half of 2020:)

Buy AUDKRW