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USDKRW has edged back from yesterday's...>

KOREAN WON
KOREAN WON: USDKRW has edged back from yesterday's highs but remains clear of
the 1130 level as well as resistance turned support at 1128. KRWJPY has found
some support after yesterday's weakness, with bulls looking to break back above
9.70 to establish a higher low for the recovery. 
- Korean swaps have edged further down after yesterday's drop, with the 2 year
holding below the 1.80% level keeping US-Korea spreads elevated.
- All eyes are on tomorrow's BOK rate meeting where policymakers are largely
expected to strike a neutral tone following November's hike. 

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