Tag Archives: USD/KRW

In FX, AUDUSD rose to 0.880 following the release of China’s GDP but has since given up its gains to trade back to Friday’s close around 0.878. Reports of a 6.3 magnitude earthquake near Wellington drove NZD lower initially,

FX has been largely rangebound in Asia. EURUSD, USDJPY, and AUDUSDare at 1.3614, 104.32, and 0.8814, all barely changed from their end-US tradinglevels.

AUDUSD has stolen the FX show, dropping 1.2% to 0.8813 following the employment report. EURUSD has bounced off of its lows to 1.3618 while USDJPY rose to a high of 104.92 before edging down to 104.71.

A bout of USD strength hit Asian trading. EURUSD dipped below 1.3630, and USDJPY rallied towards 104.4. USDCAD also broke to post 2008-2009 high of 1.0972, while AUD fell to 0.892.

The USD has regained a bit of its overnight losses. USDJPY has risen to 103.31, having traded as high as 103.50 and AUDUSD has dipped to 0.9036.

The USD has traded weaker across the board in Asia. EURUSD has opened up slightly, testing its Friday high of 1.3685, USDJPY has dropped to 103.41 and AUDUSD has rallied to 0.9035 as the market hunts positions.