Market News
Euro gains as crisis comes to a head; South Korean won cuts losses as martial law lifted - REUTERS
- South Korea's Yoon lifts martial law, honors parliamentary vote
- US dollar trims losses vs yen after JOLTS report
- China's yuan falls vs dollar on tariff uncertainty
- Fed officials steer clear of giving December rate guidance
NEW YORK, Dec 3 (Reuters) - The euro rose modestly against the U.S. dollar on Tuesday, as political turmoil in France sent traders scrambling for hedging protection against further price swings, with some market participants noting that the crisis could be nearing the end.
The South Korean won, meanwhile, was one of the biggest movers, plunging against the U.S. dollar to a more than two-year low after South Korean President Yoon Suk Yeol declared martial law in an unannounced late-night address on television.
