Friday, October 16, 2026

Technicals

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USD/KRW holds onto a tight 1093.4-1096.1 range in morning trades

Not surprisingly Asia trades 'contra' first up after DXY closed up 1.2% Tuesday Downside in USD/KRW restrained by JPY/KRW which rest around 9.10 last Below 9.10 is a danger zone with BOK activity (verbal/physical) likely…

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

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  • Not surprisingly Asia trades 'contra' first up after DXY closed up 1.2% Tuesday

  • Downside in USD/KRW restrained by JPY/KRW which rest around 9.10 last

  • Below 9.10 is a danger zone with BOK activity (verbal/physical) likely

  • BOK may have backs to wall as players pile back into short JPY trades

  • Nikkei eyes 20k - break likely to set USD/JPY on its next leg higher 

 

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