Bullish bets on Korean won hit highest since Jan 2013

The surge in bullish won positioning reflects a notable shift in market sentiment, likely tied to broader expectations around Korea's economic trajectory rather than any specific policy catalyst given the lack of detail in the survey. This matters for currency traders and anyone exposed to Asia FX flows, as crowded positioning can amplify volatility if sentiment reverses. The key watch is whether this conviction holds against external headwinds like global rate differentials or geopolitical noise, which the data doesn't address. With figures undisclosed, the move's sustainability remains the open question.