Fed hikes 0.25%p, USD/KRW hits 1380, semis stuck in range
First Fed rate hike in 3 years 2 months, fueled by prolonged Iran war and inflation, piles high FX and rate pressure on Korean markets
- 1.Fed lifts benchmark rate 0.25%p
- 2.USD/KRW seen at 1380.3 (+12)
- 3.Samsung Electronics, SK Hynix stay range-bound
- 4.7,000 level faces 80-100T individual selling wall
- 5.No confirmed schedule ahead
“The Federal Reserve unanimously voted to raise the benchmark rate by 0.25 percentage points.” — KBS News
“If it breaks above 7,000, individual selling pressure sits around 80-100 trillion.” — 신사임당