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Worth taking a look at USD/KRW, which....>

KOREAN WON
KOREAN WON: Worth taking a look at USD/KRW, which has moved off highs as South
Korea's FinMin off'l told BBG that recent FX moves are seen as excessive &
authorities keep monitoring the situation. The pair sits +10.80 fig. at
KRW1,203.10 after peaking at KRW1.207.30 as it surged on the back of previously
documented risk-off flows.
- The rate has stopped short of taking out the Mar 2 high of KRW1,207.30 as it
tested the level. A break here would fuel bullish hopes for filling the opening
gap from that day, by recovering the Feb 28 low of KRW1,212.95.

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