The won has shrugged off the BoK's.......>

KOREAN WON: The won has shrugged off the BoK's monetary policy decisions as the

Board decided to leave its key interest rate unchanged at 1.25%, in line with

expectations. USD/KRW last trades at KRW1,158.65, -2.75 fig. on the day.

- Yesterday was a bullish inside day for USD/KRW, with the pair finishing 4.50

fig. above the prior close. Amid little in the way of fresh signals,

participants assessed the state of U.S.-China trade relations.

- Bulls look for a jump above the 50-DMA at KRW1,170.40 to gain some impetus. A

break above the level would clear the way to the Jan 8 high of KRW1,179.25.

Bears would be pleased by a clean break of the nearby support zone from several

intraday lows, located in the KRW1,153.95-1,148.90 region. 

- South Korean data releases next week include PPI and trade data for the first

20 days of the month (Tuesday), as well as flash Q4 GDP (Wednesday).