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USD/KRW changed hands in the low 1,340s overnight, quoted at 1,341.70 won at 9:28 p.m., up 1.20 won, after the onshore session closed at 1,345.60 won, a 5.10 won gain. The pair had slipped to 1,336.30 won intraday before importer settlement demand at the lows and reports that the National Pension Service suspended its FX hedging program drove the rebound, removing a key source of dollar supply that had been capping the pair. A stickier 1,340s handle keeps pressure on foreign appetite for KOSPI and KOSDAQ names and raises imported-cost risk; watch whether NPS hedge flows stay offline and whether DXY firmness extends the move toward the 1,350 area.
As a Forex signal, watch whether it changes price action, volatility, or flows around KRW=X, KOSPI.
Original Source: 연합인포맥스
This page is market information analysis, not investment advice.
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