Forex Flash: Take profit on long KRW vs G3 - Standard Chartered

FXstreet.com (Barcelona) - Acording to Thomas Harr, senior FX strategist based in Singapore, "US fiscal cliff concerns, policy and positioning may limit KRW gains near-term", for these reasons, Thomas believes "now is the time to take profit on our remaining long KRW position vs. G3..." Standard Chartered remains medium-term bullish "on KRW on external balances, valuation and bond flows" the analyst adds.