Friday, October 16, 2026

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USD/KRW firm at 1121.5 and at session highs in a moderate affair

USD bid today quiet strong with some suspicion of official activity JPY/KRW now within a whisker of 9.00 after testing 8.90 on Thursday Rally comes after strong words from FinMin and suspected official activity MERS impa…

By Earlence Fernandes
1 min read
EconoTimes — Reading the Times. Understanding the Future.

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  • USD bid today quiet strong with some suspicion of official activity

  • JPY/KRW now within a whisker of 9.00 after testing 8.90 on Thursday

  • Rally comes after strong words from FinMin and suspected official activity

  • MERS impact weighed, some analysts suggest will prompt BOK cut Thursday

  • Kospi down smalls (-0.2%) in a sea of red across Asian bourses 

 

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EURUSD - Levels to watch - 1.100 GBPUSD Levels to watch - 1.3180 USDCHF Levels to watch - 0.8400 USDCAD - Levels to watch - 1.4300 AUDUSD - Levels to watch - 0.7000 NZDUSD - Levels to watch - 0.5560

By FxWirePro Team