The USD/KRW may fall from 1,182.00 late Monday in Seoul after the EUR/USD recovers somewhat from recent weakness. Investors will likely be in waiting mode ahead of a G-7 finance ministers' teleconference on the eurozone later in the day and the ECB rate decision Wednesday, analysts say. "The dollar strength is taking a pause globally, after its weak jobs data" release late last week, says Byeon Ji-young, a currency analyst at Woori Futures. She tips a 1,174-1,182 range for the session, adding that the RBA rate decision today could provide intraday trading cues.
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