Forex News USD/KRW may rise from 1,013.8 last close on fund repatriation related to foreigners' recent stock selling, also import settlements, traders say. 1-month NDFs ends around 1,015.5. Pair tipped in 1,010-1,020 range. "As foreigners' net selling of local shares hasn't stopped yet, the pair is likely to try heading further up," says local bank trader. Not much reason to sell USD except for chance of USD-selling intervention by FX authorities, says another trader; adds trading may be concentrated at around 1,015.
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