eFX Apex
The Institutional-Grade Data Hub
- Plus: Discretionary Trades
- Edge: Sentiment Trades
- Alpha: Systematic Trades
- Apex: Full Big Data Stream
• USD/KRW rises to 1467.8, but off Mon peak 1469.4; 21 DMA 1473.4 caps
• Jumps out of Bollinger downtrend channel 1463.8, tracking USD/JPY
• Won weakens despite KOSPI spiking +4.6% to another record high
• South Korea's early May exports surge 43.7% y/y
• USD underpinned by US NFP beat, though job strains seen
• US yields climb too, as oil prices with with Iran stress
KRW

(Ewen Chew is a Reuters market analyst. The views expressed are
his own.)