Published at 01:35 (GMT) 19 Aug
USD/JPY Fixing set at 102.62.
USD/JPY a tad lower at 102.59-62 after fixing, hovering within 10-15pips range of 102.56 to 102.65. In range of 102 to 103 on the wide. Very good offers at 102.70-103.00. Bids at 102.40-50. Weak stops below 102.40. Nikkei +0.9%. Calmer markets giving support to USD/JPY, Cross/JPY on dips. Though 2-way interest in Cross/JPY - lower NZD/JPY, EUR/JPY, but steady to firmer AUD/JPY, GBP/JPY - given the cross plays.
JPY/KRW back below key 10.000 - at around 5 week lows 9.92/9.94 levels, lowest since July 7 9.8688 levels, Eye any BoK rumours on dips in USD/KRW to curb KRW rise vs USD and JPY. Support at 9.90 handle.
USD/KRW under pressure as well, below key 1.020, but above key 1,015. Eye any BoK rumors on dips. USD/KRW at 1,015.5. Now at 1,018.8. Range of 1,016.3 to 1,019.2. WL
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