South Korean Finance Min says will actively respond to speculative trading in FX market

<p>South Korean Finance Minister Choo:</p><ul><li>South Korea will actively respond to speculative trading in the FX market</li><li>Will take bond market stabilising measures if needed</li></ul><p>On the inflation data just in (CPI accelerated for the 2nd consecutive month and is probably why he is grumpy):</p><ul><li><a href="https://www.forexlive.com/news/south-korea-september-cpi-has-come-in-at-06-mm-higher-than-the-03-expected-20231004/" target="_blank" rel="follow" data-article-link="true">South Korea September CPI has come in at 0.6% m/m, higher than the 0.3% expected</a></li></ul><p>Says inflation will likely stabilise again from October.</p><p>Its not like the KRW is doing much different to everything else vs. the super-strong USD</p>

This article was written by Eamonn Sheridan at www.forexlive.com.