The South Korean won and shares sharply rose on Thursday morning after the bank of Korea kept rates steady.
- BoK kept its policy rates steady at a record low of 1.50 percent early in the session, as widely expected
- Weak U.S. economic data anchored doubts that the Federal Reserve unlikely to raise interest rates until the end of the year, weighing on USD
- The won was up 1.1 percent at 1,134.2 per dollar as of 0201 GMT, after touching a morning high of 1,133.8, the strongest since July 13
- Bank of Korea Governor Lee Ju-yeol at a news conference said that the economy to maintain recovery trend going forward, potential growth rate seen still above 3 pct
- USD/KRW weakness has further to go, breaks below 200 DMA at 1124.81 could accelerate downside, test of 1120.78 (Weely 55 EMA) likely
- Immediate support is located at 1124.81 (200 DMA) and resistance lies at 1136.50 (weekly Kijun)
Recommendation: Good to sell rallies around 1130.0, SL: 1135.0, TP: 1120.0


FxWirePro: USD/CAD remains buoyant, looks to extend gains
FxWirePro- Major Pair levels and bias summary
Global Central Banks Hold Rates Amid Iran War-Driven Energy Price Surge
RBA Set to Hike Rates Again Amid Inflation Surge and Global Uncertainty
Bank of Japan Holds Rates Steady Amid Iran War Inflation Fears
FxWirePro- Woodies Pivot(Major)
FxWirePro: USD/ZAR uptrend loses steam, remains on bullish path
RBA Set for Back-to-Back Rate Hikes, Westpac Forecasts
FxWirePro- Major Pair levels and bias summary
J.P. Morgan Now Expects Two ECB Rate Hikes Amid Inflation Pressures
Goldman Sachs Delays Bank of England Rate Cut Forecast Amid Middle East Inflation Risks
FxWirePro: EUR/AUD consolidating around 1.6650, room for further gains
FxWirePro: EUR/AUD neutral in the near-term, scope for downward resumption
Paraguay Central Bank Holds Interest Rate at 5.5% Amid Slowing Growth
FxWirePro: GBP/AUD idles around 1.9230 as market awaits fresh catalysts 



