• USD/KRW firms up as steep EUR losses overshadow US NFP

• Rises back to 1346.0, slightly above Fri close of 1344.2

• Could overturn previous closing inside downtrend channel 1345.5

• EUR drops sharply, down more than 0.7%, buoying USD/AXJ

• Concerns over euro bond yield premiums burdens the EUR

• S. Korea financial markets closed Monday
KRW

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