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KRW: USD/KRW: In Line with Yesterday’s Close – Bond Yields Lower.

KRW
  • USD/KRW is at 1,330.75 in Seoul morning; versus yesterday's close of 1,329.05.
  • USD/KRW has finished the week modestly lower than last Friday’s close of 1,333.55.  
  • Bloomberg Asia dollar spot index is up 0.16% at the open and the Bloomberg Dollar spot index flat.
  • USD/KRW one-month implied volatility is down this morning to 8.4450%, versus 8.4750% yesterday’s close.
  • Korea's 10-year bond yield is flat on yesterday’s close at 2.997%, with short dated bond yields moving lower.
  • Korea 5 yr USD CDS is at 31bps (yesterday close 31bp, 5-year low 17bp in 2021).

Headlines

  • Government to hold weekly meeting to review housing market as data showed that Seoul apartment prices rose 1.27% in Aug., biggest increase since 2018 (source BBG).
  • Investors in Korean Bonds See BOK Pivot Coming Into Focus (Source: BBG)

Data Releases

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  • USD/KRW is at 1,330.75 in Seoul morning; versus yesterday's close of 1,329.05.
  • USD/KRW has finished the week modestly lower than last Friday’s close of 1,333.55.  
  • Bloomberg Asia dollar spot index is up 0.16% at the open and the Bloomberg Dollar spot index flat.
  • USD/KRW one-month implied volatility is down this morning to 8.4450%, versus 8.4750% yesterday’s close.
  • Korea's 10-year bond yield is flat on yesterday’s close at 2.997%, with short dated bond yields moving lower.
  • Korea 5 yr USD CDS is at 31bps (yesterday close 31bp, 5-year low 17bp in 2021).

Headlines

  • Government to hold weekly meeting to review housing market as data showed that Seoul apartment prices rose 1.27% in Aug., biggest increase since 2018 (source BBG).
  • Investors in Korean Bonds See BOK Pivot Coming Into Focus (Source: BBG)

Data Releases

Keep reading...Show less