A trader at State Street Bank and Trust Co. predicts the South Korean won could rebound in the second half of the year as foreign selling of local equities eases.

The forecast hinges on persistent current‑account surpluses that have kept the currency buoyant despite earlier pressure. A slowdown in overseas equity sales would reduce downward pressure on the won, allowing fundamentals to surface.

For investors, a stronger won could tighten export margins but improve import costs, reshaping profitability for South Korean firms. The outlook signals a shift in market sentiment, suggesting that currency moves may soon align more closely with macro fundamentals than speculative flows.

In sum, the trader’s view underscores that the won’s trajectory will likely track the balance‑sheet health of the Korean economy rather than external capital movements.