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USD/KRW Falls to 1,344.20 Won This Week as U.S. Jobs Data Disappoints
According to Yonhapinfomax, USD/KRW fell to 1,344.20 won on October 3 as U.S. September non-farm employment came in at only 29,000 versus market expectations of 90,000. However, U.S. Treasury yields rebounded sharply after the initial decline, with the 2-year yield closing at 4.8250%, up 3.80 basis points from the previous day, supporting the dollar against further weakness. The dollar index also retreated below the 102 level to 101.884. South Korea's financial markets will face two holidays thi
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