S. Korean FinMin Dong-yeon: US-China trade dispute, sluggish exports some factors behind Won's weakening

The South Korean Finance Minister Kim Dong-yeon was on the wires earlier today, reiterating that his government will keep a close eye on the fx markets, in light of the US-China trade escalation.

Key Headlines:

Monitoring if herd behaviors are seen in forex market.

Will respond to any herd behaviors in currency market.

FX market volatilities are increasing.

US - China trade dispute, sluggish exports some factors behind Won's weakening.

NZD/USD drops to intraday low as China data disappoints antipodeans

NZD/USD printed fresh intra-day low surrounding 0.6565 after China’s April month data added worries for the antipodeans on early Wednesday.
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China’s NBS: China’s economy faces downward pressure.

Following the releases of the disappointing Chinese macro data, the country’s stats bureau, National Bureau of Statistics (NBS) is out with the follow
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