FXWW News/JPY crosses/USD/JPY

Currency wars -Korea will manage Won to move in line with Yen #FXWWchatroom

The race to the bottom just got even more crowded with Reuters reporting that the Korean vice-finance minister said in parliament that they will manage the KRW to move in line with the weakening Yen.

USD/JPY has been crushed almost 100 pips lower from earlier spike highs at 115.40.

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