USD/KRW slipped at the reopen and last...>

KOREAN WON: USD/KRW slipped at the reopen and last operates -6.00 fig. at

KRW1,198.70. South Korea's consumer confidence was released this morning, the

index improved to 81.8 from 77.6.

- South Korea's coronavirus case count moderated on Thursday, but worry about

the second wave of infections lingers.

- Elsewhere, Pres Moon marked the 70th anniversary of the outbreak of the Korean

War by urging North Korea to formally end the conflict.

- In global trade, the U.S. backed the resolution of South Korea's trade spat

with Japan via the WTO.

- Bears look for a deeper sell-off past the 200-DMA at KRW1,196.60, which would

open Jun 11 low of KRW1,188.60. Conversely, a rebound above Jun 25 high of

KRW1,209.05 would bring the 100-DMA at KRW1,215.92 into view.

- Looking ahead, South Korea's Business Survey & industrial output will be

released on Tuesday, trade balance and Markit M'fing PMI hit the wires on

Wednesday, while CPI comes out on Thursday.