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USDKRW has dropped back towards recent...>

KOREAN WON
KOREAN WON: USDKRW has dropped back towards recent range lows with the pair down
~0.3% at 1118.7 as the dollar remains under pressure from relatively dovish Fed
minutes and comments yesterday. The move lower in the pair has not been
supported by moves in US-Korea yield spreads, which remain near 2 week highs. 
- KRWJPY remains below recent recovery highs as the pair diverges bearishly with
broader risk appetite seen across global equities. 
- Headlines hit an hour or so ago stating that Kim Jong Un will keep the current
stance on denuclearization, and that he will work on achieving results at US
talks. 
- Money supply data is out today as is bank lending to households with the
latter likely to be the focus amid the ongoing drop in household debt growth. 

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