Reports that South Korea have liaised with US to agree to support the won
South Korean authorities reportedly coordinated with the U.S. to support the won, giving the currency an additional boost from verbal intervention. The report suggests policymakers are signaling willingness to stabilize KRW amid broader market chatter and earlier support from improved risk sentiment tied to the US-Iran peace MoU. The immediate market impact is a firmer won and potentially reduced downside pressure on USD/KRW, though the move appears driven by expectations and official signaling rather than a formal policy action. This kind of coordinated verbal support can slow speculative selling and encourage near-term positioning in favor of KRW.