USD/KRW is not trading a slogan about Asia. It is trading the won after its best session in a month against a dollar that is still firm into a Federal Reserve path and into a Washington meeting with Beijing.
GBP/USD is not trading a slogan about Britain. It is trading a consumer price print that landed one day before the Bank of England speaks and on the same day the Federal Reserve speaks. The pair is the residual of those two paths.
USD/JPY is not trading a slogan about the yen. It is trading two policy meetings in one week. The Federal Reserve is priced to lean tighter after hotter core prices and a fuel shock.
USD/CAD is not trading a slogan about North America. It is trading a same week inflation print in Canada against a Federal Reserve meeting that the market already treats as a hike. Canadian consumer prices land first.
EUR/USD is not trading a slogan about Europe. It is trading a central bank that meets while crude is still the inflation risk. The European Central Bank has already hiked once on the energy shock.
USD/INR is not trading a slogan about India. It is trading an import bill and a funding rate. When crude stays bid and the Federal Reserve still looks ready to tighten, the rupee has to do two jobs at once. It has to pay for oil.