Top
New York  London  GMT  Tokyo  Sydney 

USDKRW slides thru support

By   || January 5, 2010 at 01:36 GMT
|| 0 comments || Add comment

The USDKRW has been sold off thru critical support at 1148 and trading to a 15 month low of 1142.80, reinforcing views of an interest rate rise. Foreign exchange authorities were seen buying USD to stem the fall around the 1146 area. The USDKRW selling has also spilt over in USDJPY, which has remained under pressure post fix.

Share and Enjoy:
  • RSS
  • Facebook
  • Twitter
  • LinkedIn
  • email
  • Print
  • Add to favorites
  • del.icio.us
  • Digg
  • NewsVine
  • StumbleUpon

Add a comment

Comments are closed.

Bottom