INSIDE KOREA: Won Rises for Second Day Tracking Softer Dollar
Source: BFW (Bloomberg First Word)
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UUID: 7947283
(Bloomberg) -- Won gains in line with EM currencies amid subdued trading on a Tokyo holiday and ahead of U.S. Thanksgiving Day.
Alert: HALISTER1- Won up 0.3% at 1,172.77 per dollar
- USD/KRW -- Consolidating below November high, with momentum studies in overextended territory
- Resistance: 1,188.50, June 27 high; 1,198.05, May 31 high; 1,217.15, March 9 high
- Support: 1,169.66, 10-DMA; 1,154.59, 21-DMA; 1,129.70, 55- DMA
- Japan, South Korea to sign military intelligence pact, Nikkei reports
- Global funds net bought $292.7m in local stocks yesterday: exchange data
- Foreign net purchases of listed bonds falls $456.43m to - $422.42m
- Yield on 1.875% govt bond due June 2026 steady at 2.13%
Source: BFW (Bloomberg First Word)
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UUID: 7947283