News Headline Summary
South Korean authorities buy close to USD 1bln in intervention to curb KRW's rise, according to sources
Analysis details (06:43)
- This comment came as we saw earlier in the session USD/KRW move aggressively higher away from the 1080 level after the south Korean Deputy finance minister said "It's time for government to take action on KRW."
- This move higher in USD/KRW has been attributed to government intervention attempting to defend the 1080 level.
22 Nov 2012 - 06:00
Subscribe Now to
Click here for a 1 week free trial
RANsquawk provides audio news and commentary for over 15,000
professional traders and brokers worldwide. Services include:
Real-time audio coverage from 0630 to 2200 London time plus Asia-Pac 2200 to 1000 London time
Teams of analysts covering equities, fixed income, FX, energy, and metals markets
Real-time scrolling news service with instant analysis
Daily and weekly pre-market research and calendars
Video updates covering near-term key risk events & primary trading themes
One-to-one chat with our expert analysts