By Ewen Chew — Apr 24 - 08:40 PM
USD/KRW jumps to 1376.2 from Wed close 1369.2; Kospi -1.1%
Bollinger uptrend channel engaged on close above 1381.1
Triggered by USD/JPY surging past 155.00 line-in-the-sand
Yen weakening to new decades-low pulls KRW, CNH along
S. Korea Q1 GDP smashes forecasts at +3.4% y/y nP8N3EO001
Early BOK rate cut seems even more unlikely now
For more click on FXBUZ
Source:
Refinitiv IFR Research/Market Commentary