USD/KRW Falls to 1,474.90 Won, Driven by Strong U.S. Jobs Data on July 24

According to Yonhapinfomax, the USD/KRW exchange rate fell 5.2 won to 1,474.90 won in overnight trading on July 24 (Korea time), rebounding from intraday lows but remaining up 8.1 won from the previous session's close of 1,466.80 won. The currency movement was driven by strong U.S. labor market data: jobless claims fell to 187,000 for the week ended July 18, the lowest level since September 1969, supporting dollar strength.

Oil prices surged amid escalating Middle East tensions, with Brent crude September delivery breaking above $100 per barrel, up over 6% for the session. The UKMTO reported attacks on tankers in the Red Sea, while tensions between the U.S. and Iran intensified as President Trump threatened "a large military operation."