South Korea’s FinMin: Will stabilize forex markets if needed by intervention

Reuters reports comments from the South Korean Finance Minister Kim Dong-yeon, with the key headlines on the currency market intervention found below.

Will intervene in FX if necessary.

Will stabilize forex markets if needed, regardless of whether South Korea decides to disclose intervention details. 

USD/JPY nears 107.00, eyes inverse head-and-shoulders bullish reversal

USD/JPY is trading very close to 107.00 - inverse head-and-shoulders neckline resistance and could possibly break higher in a convincing manner if the
Baca selengkapnya Previous

GBP/JPY: better bid, but stuck at 100-day MA, eyes UK services PMI

The uptick in the US stocks and S&P 500 futures and talk of US-China trade wars being blown out of proportions seems to have put a bid under the JPY p
Baca selengkapnya Next