Free Trial

USDKRW trades back at 1123.7 from as.....>

KOREAN WON
KOREAN WON: USDKRW trades back at 1123.7 from as low at 1120.7 after verbal
intervention by the Korean FX authority, which noted that the pace of
appreciation has been excessive. 
- With the won's real effective exchange rate rising back to multi-year highs
following the US-China trade optimism rally, the authorities will likely
continue to be wary of a loss of export competitiveness at a time when the
economy is showing some headwinds. 

To read the full story

Close

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.