Analyst report 💱 Forex 🌍 South Korea

OCBC Forecasts USD/KRW Decline to 1260 by End-2027 on Won Appreciation

OCBC analysts forecast a non-linear appreciation for the Korean Won, projecting the USD/KRW exchange rate to reach 1320 by late 2026 and 1260 by late 2027.

📅 November 2, 2026 🕐 1 min read

1 assets impacted (Forex). Net bias: 0 Bullish, 1 Bearish, 0 Neutral. Strongest signal: USD/KRW ↓ 3/10 (55% confidence).

📊 Affected Assets (1)

USD/KRW

Bearish 🤖 55%

🗓️ Long-term 🌍 KR · Explicit

OCBC forecasts USD/KRW to decline to 1320 by end-2026 and 1260 by end-2027, implying moderate KRW appreciation against the USD.

🧭 Full analysis of these assets

🎯 Key Takeaways

OCBC projects a long-term bearish trend for USD/KRW.
The Korean Won is expected to appreciate to 1260 against the dollar by 2027.
Analysts warn that the path toward currency appreciation will likely be non-linear.

📝 Executive Summary

OCBC strategists Sim Moh Siong and Christopher Wong project a long-term appreciation path for the South Korean Won against the US Dollar. The bank anticipates the USD/KRW pair will slide to 1320 by the end of 2026 and further to 1260 by the end of 2027.

❓ FAQ

What is the long-term outlook for the USD/KRW exchange rate?

OCBC strategists forecast a decline in the USD/KRW pair, targeting 1320 by the end of 2026 and 1260 by the end of 2027.

📰 Related Articles

🏷️ Tags

📰 Source

🔗 View Original Article