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DOLLAR-WON: The KRW has been on the front foot as....>

CANADA DATA REACT, DOLLAR-WON
DOLLAR-WON: The KRW has been on the front foot as the June 12 US-North Korea
summit seems a more likely proposition than it did 48 hours ago, with Trump
seemingly a little more upbeat on the matter in comments made over the weekend,
and after a US team arrived in North Korea over the weekend. USDKRW last deals
at 1074, just off of the 1072.50 low.
- Although the broader sideways trend remains intact bears will be eying the
55-DMA (1071.0), while bulls need a close above the May 21 high (1086.7).
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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