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FxWirePro: South Korean won extends fall over 1 pct, USD/KRW spikes to 1207

The South Korean won extends fall to more than 1 pct against the dollar on Monday, Fed uncertainty weighs. A mixed U.S. jobs report failed to offer much clarity on the timing of the Federal Reserve's first rate hike in a…

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The South Korean won extends fall to more than 1 pct against the dollar on Monday, Fed uncertainty weighs.

  • A mixed U.S. jobs report failed to offer much clarity on the timing of the Federal Reserve's first rate hike in almost a decade
     
  • Chinese stocks once again took center stage after their markets returned from the holidays, having been closed on Thursday and Friday 
     
  • Asian stocks sagged on Monday, with risk sentiment dampened as Shanghai shares wobbled after the Chinese markets resumed trading following a four-day long weekend
     
  • The won was quoted at 1,206.8 per dollar, down 1.1 percent as of 0219 GMT after falling as low as to 1,207.1, the weakest since Oct. 4, 2011

 

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