USD/KRW last trades at KRW1,198.80,......>

KOREAN WON: USD/KRW last trades at KRW1,198.80, barely changed on the day.

Localised coronavirus outbreaks in South Korea continue to draw attention, but

there has been nothing new on the wires to really move the needle. 

- Following earlier reports that U.S. Dep Sec of State Biegun may visit South

Korea in July, Yonhap circulated a report noting that Biegun's visit will take

place as soon as next week.

- On a different note, tourist arrivals in South Korea plummeted 99.5% in May,

amid mobility restrictions linked to the Covid-19 pandemic.

- A break below the 200-DMA/Jun 30 low at KRW1,196.71/1,195.45 would expose Jun

11 low of KRW1,188.60, a key near-term support. Bulls look to take out Jun 25

high of KRW1,209.05 before shifting focus to Jun 17 high of KRW1,218.60.

- Looking ahead, South Korea's BoP current account balance hits the wires

tomorrow.