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USD/KRW ended the week at 1,498.50 in Seoul's overnight session on the 11th, down 2.90 won from the prior 3:30 pm close of 1,501.40 and 11.00 won below the previous 6 am mark of 1,509.50. Yen appreciation and vigilance over Korean FX authorities' potential intervention pressured the dollar, pulling the pair back under 1,500 after it had partially retraced the Seoul-session drop in London and New York trading. Watch whether USD/JPY continues to slide and whether verbal or actual intervention signals hold the 1,500 line, as sustained won strength would ease imported-inflation pressure and support foreign flows into Korean equities.
As a Forex signal, watch whether it changes price action, volatility, or flows around KRW=X, JPY=X.
Original Source: 연합인포맥스
This page is market information analysis, not investment advice.
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