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Talk Bank of Korea bought $300-400 mln overnight to curb won’s strength

Talk Bank of Korea bought $300-400 mln overnight to curb won’s strength

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Gerry Davies
03/09/2010 | 06:55 GMT

Guess we can expect to hear reports of Asian sovereign buying EUR/USD soon, as they diversify some of those dollar holdings.

Would be nice to hear of someone doing something. EUR/USD sits at 1.2822, to the very pip where it was when I arrived 5 days ago (well it feels like 5 days ago) Infact it was coming on for 3 hours ago.

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