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U.S. existing home sales decline in August

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Korean KRW to continue to follow JPY

Tuesday, June 30, 2015 10:56 AM UTC

KRW will continue to track JPY closely. Given aggressive intervention by the BoK in the last few months and the increase in rhetoric to safeguard exports from the weakening yen, the 9.00 level in JPY/KRW moght not be broken on a sustained basis.

"Won is still expected to weaken against USD", says Bank of America.

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Korean KRW to continue to follow JPY

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