Morning Briefing on Major Exchange Rates - March 11, 2026
A concise overview of the major exchange rates on March 11, 2026, including USD/KRW, JPY/KRW, EUR/USD, and key points to watch today.
Overview of Exchange Rates at a Glance
The major exchange rates for today, March 11, are as follows. The USD/KRW rate is at 1,473.20 KRW (approx. $1 = 1,473.20 KRW), the JPY/KRW (per 100 yen) is at 929.70 KRW, and the EUR/KRW stands at 1,709.90 KRW. The EUR/USD rate is steady around 1.16.
Key Currency Pairs to Watch
- USD/KRW: Currently at 1,473.20 KRW with little change from the previous day, remains sensitive to the Federal Reserve’s policy stance.
- JPY/KRW (per 100 yen): At 929.70 KRW, traders are mostly on the sidelines ahead of Japan's upcoming economic data releases.
- EUR/USD: Holding steady at 1.16, supported by ongoing expectations of economic recovery in the Eurozone.
Today's Key Focus Points
- Federal Reserve Interest Rate Announcement: The U.S. Federal Reserve will announce its interest rate decision tonight. Whether rates are increased will be decisive for the dollar's continued strength.
- Japan Economic Data Release: February trade balance and industrial production figures will be published, potentially increasing yen volatility.
- Eurozone Economic Indicators: With the Eurozone Consumer Confidence Index scheduled for release, short-term volatility in the euro may occur.
Pre-Market Checklist
- Monitor the Fed’s interest rate decision and accompanying statements tonight
- Prepare for Japan’s economic data release timings and expected figures
- Verify upcoming Eurozone key economic data releases
- Review global geopolitical risks and major news developments briefly
This briefing is for informational purposes only and does not constitute investment advice.