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KOREAN WON: USD/KRW has edged higher, albeit sticking to yesterday's range so
far. Yonhap reported that South Korea's top nuclear envoy has arrived in the
U.S. or talks with U.S. officials, as inter-Korean relations remain strained.
- The rate last sits +3.25 fig. at KRW1,217.25. A breach of the 100-DMA allows
bulls to set their sights on Jun 3 high of KRW1,220.05, followed by the 50-DMA
at KRW1,222.27. On the flip side, a retreat under Jun 12 low of KRW1,203.35 is
needed to expose the 200-DMA at KRW1,196.85.
- South Korea's economic docket for the remainder of this week is empty.