USD/KRW is fairly steady this morning around 1180 but the Kospi is bucking the regional trend of lower equity prices, currently +0.6% whereas the Nikkei is -1%. The Asian session has been taking its lead from the regional emerging markets in recent weeks, and AUD/USD has popped nicely off session lows near .9700; technical support levels at .9675 also encouraged some profit taking. Lower commodity prices are being ignored, but the falls there are also slowing down.