2012.06.04 04:50:28 Moody's: Bulgaria's Exit From Excessive Deficit Procedure Is Credit Positive

0254 GMT [Dow Jones] The USD/KRW is up at 1,181.80, compared to 1,177.70 late Friday in Seoul, amid the Kospi's 2.5% decline. But the pair has been moving in a narrow band between 1,181.40 and 1,183.80 so far as the latest data showing slowing growth in the global economy provide mixed cues, traders say. Disappointment over lower-than-expected U.S. jobs data help moderate risk-off USD bids, but also raise hopes for monetary easing measures from the Fed, which caps the USD's upside, says a local bank trader; "players are generally in a waiting mode until fresh leads come up from Europe or the U.S. Corporate investors also seem to be quiet so far." He tips a 1,180-1,185 range for the rest of the session. (jieun.shin@dowjones.com) Contact us in Singapore. 65 64154 140; MarketTalk@dowjones.com (END) Dow Jones Newswires June 03, 2012 22:54 ET (02:54 GMT)