-
Policy
Policy
Exclusive interviews with leading policymakers that convey the true policy message that impacts markets.
LATEST FROM POLICY: -
EM Policy
EM Policy
Exclusive interviews with leading policymakers that convey the true policy message that impacts markets.
LATEST FROM EM POLICY: -
G10 Markets
G10 Markets
Real-time insight on key fixed income and fx markets.
Launch MNI Podcasts -
Emerging Markets
Emerging Markets
Real-time insight of emerging markets in CEMEA, Asia and LatAm region
-
Commodities
Commodities
Real-time insight of oil & gas markets
-
Credit
Credit
Real time insight of credit markets
-
Data
-
MNI Research
Actionable insight on monetary policy, balance sheet and inflation with focus on global issuance. Analysis on key political risk impacting the global markets.
-
About Us
To read the full story
Sign up now for free trial access to this content.
Please enter your details below.
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.
Real-time Actionable Insight
Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.
Free AccessWon Weakens As North Korean Missile Tests Contributes To Risk Aversion
Spot USD/KRW trades on a slightly firmer footing amid broader risk-off feel, fuelled by a North Korean missile test & downbeat comments from Chinese Premier Li re: domestic labour market. The rate last deals +1.10 fig. at KRW1,274.40, with bulls looking to further gains past Mar 23, 2020 high of KRW1,282.60. Bears would be pleased by a retreat under Apr 29 low of KRW1,255.25, towards the 50-DMA at KRW1,230.71.
- USD/KRW 1-month NDF last seen +4.63 figs at KRW1,274.93. The nearby Apr 28 high of KRW1,277.09 provides the initial bullish target. Conversely, bears look for a fall through May 4 low of KRW1,250.96.
- North Korea conducted a test of a submarine-launched missile over the weekend, but refrained from issuing a usual statement on the matter. The latest drill came just ahead of the inauguration of President-elect Yoon, who is preparing to take office on Tuesday.
- Local data highlights this week include BoP current account balance (Tuesday), unemployment (Wednesday) and terms of trade (Friday).
To read the full story
Sign up now for free trial access to this content.
Please enter your details below.
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.