#USDKRW @ 1,323.49 Bank of Korea left its policy rate unchanged, shoots higher
…
This is a premium post.
[s2If !current_user_can(access_s2member_level4)]Please register for FREE REGISTER to read full post below containing analysis. In case of any error or you think you are not able to read the full post below, please email us at support#nehcap.com [lwa][/s2If] [s2If current_user_can(access_s2member_level1)]
Bloomberg News reported that ´´the Bank of Korea left its policy rate unchanged for a third straight meeting and lowered its growth forecast for this year, as officials wait for a sustained cooling of inflation amid increasing signs of slower-than-expected recovery.´
´´The central bank kept its seven-day repurchase rate at 3.5% on Thursday as predicted by all 17 economists surveyed by Bloomberg News. South Korea was among the first central banks globally to pause interest rate hikes three months ago,´´ the news agency said.
Meanwhile, USD/KRW has rallied:
South Korea’s Kospi was also up, marginally, and the Kosdaq gained 0.27%.
[/s2If]
Nehcap Expert Advisor
The NEHCAP MT4 EA is high quality professional trading system geared to generate returns without using GRID or martingales. Each trade has strict risk per trade parameter. The pairs under management include EURUSD, GBPUSD, AUDCAD, AUDNZD,GBPAUD, EURAUD, EURCAD, CHFJPY and many more.
The system is trading live: LIVE ACCOUNT TRACKING
You can run it free. Apply for a free trial and track our account. Buy the system or use profit share mechanism to generate returns on your MT4.
Join Our Telegram Group
