Bessent Flags Won’s Weakness as Excessive, Offering Rare Support

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Why This Matters

US Treasury Secretary Scott Bessent has verbally supported the South Korean won, stating it has weakened excessively, which could potentially stabilize the currency.

Market Impact

Market impact analysis based on bullish sentiment with 80% confidence.

Sentiment
Bullish
AI Confidence
80%
Time Horizon
Short Term

Article Context

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US Treasury Secretary Scott Bessent said South Korea’s won has weakened excessively, offering rare verbal support to the currency as it slides toward its weakest since 2009.

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Original article published by Bloomberg on January 14, 2026.
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