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S. Korean FinMin Official hints on KRW intervention

An unnamed South Korean Finance Ministry official was reported by Reuters as hinting towards an intervention in the currency markets.

Key Comments:

Closely monitoring FX moves in the Won. 

No change in stance that authorities will act in the currency market in cases of sharp volatility.

USD/JPY gearing up for another run at 106.00

The USD/JPY pair has recovered from Monday's decline, and the Yen is releasing its grip in Asia trading. The pair is back above 105.80 and trying to s
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China retaliates to US tariffs, NZD/USD drops

China has slapped extra tariffs of up to 25 percent on 128 US products including frozen pork, wine and certain fruits and nuts, in response to US duti
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