Forex

RBC Capital Markets Breaks Ground as First Canadian Bank to Trade Korean Won Onshore — What It Means for KRW and EM FX

RBC Capital Markets has become the first Canadian bank to gain onshore Korean won trading access, marking a structural shift in how foreign institutions can engage with one of Asia's most tightly managed currency markets. Here is what traders need to know about the macro backdrop, key technical levels, and the broader EM FX implications.