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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.
Free AccessMNI UST Issuance Deep Dive: Dec 2024
MNI US Employment Insight: Soft Enough To Keep Fed Cutting
MNI ASIA MARKETS ANALYSIS: Jobs Data Green Lights Rate Cuts
USD/KRW has added 5.40 fig. so far and...>
KOREAN WON: USD/KRW has added 5.40 fig. so far and trades at KRW1,235.20.
Nothing much in the way of local news to push the rate higher, so yesterday's
late doors risk-off reaction to reports re: failed trial of an experimental
coronavirus drug.
- During his daily briefing U.S. Pres Trump played down speculation that North
Korean leader's life is in danger, noting that he believes it is "incorrect". He
said that "I'm hearing they used old documents".
- Bulls look to take out Apr 21 high of KRW1,240.90 before attempting a move at
Apr 2 high of KRW1,242.55. Above there opens Mar 24 low of KRW1,249.65. Bears
look for a drop below the 50-DMA at KRW1,218.07, which would open up Apr 10/Mar
27 lows of KRW1,206.90/1,205.20.
- South Korea's docket for next week features consumer confidence (Tuesday),
Business Surveys & industrial output (Wednesday), as well as trade balance
(Friday).
To read the full story
Sign up now for free trial access to this content.
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.