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Apr 15 - 10:55 PM

USD/JPY - USD/KRW Soars As USD/JPY Hits New High; Officials Jawbone

By Ewen Chew  —  Apr 15 - 08:35 PM
  • USD/KRW soars to new 1.5-yr high 1392.5, last 1391.8

  • Major psych barrier 1400.0 becomes a clearer target

  • Follows USD/JPY hitting new 34-year peak overnight

  • S. Korea to take measures to calm market nP8N3FX01G

  • But given USD is broadly stronger, action may be limited

  • Strong US retail sales lifted UST yields nL2N3GO13X

  • For more click on FXBUZ

Source:
Refinitiv IFR Research/Market Commentary

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