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Free AccessUSDKRW has been able to maintain its brief....>
KOREA: USDKRW has been able to maintain its brief dip below the 1130 level, with
the pair last at 1130.90, broadly flat on the day amid a steady drift lower in
the greenback against the majors.
- The won is caught between the positive impact of a slight uptick in local
stocks and the negative impact of a slight drop in interest rate swaps.
- The swap curve is roughly 1bps lower as last week's recovery efforts look to
be a temporary phenomenon.
To read the full story
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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.