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USD/KRW stays below 1100 but market wary of official activity at anytime

Trading slows to a walk in USD/KRW as market winds down ahead of holidays South Korean markets open but tomorrow will be ultra thin ahead of US NFP JPY/KRW down to 9.17 and well below the official preferred trading zone …

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  • Trading slows to a walk in USD/KRW as market winds down ahead of holidays

  • South Korean markets open but tomorrow will be ultra thin ahead of US NFP

  • JPY/KRW down to 9.17 and well below the official preferred trading zone

  • BOK and NFP a concern ,NFP tom a wildcard as market expects soft number given recent run of weak data

  • Market nearly priced out June rate hike but NFP could force swift change of mind 

 

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