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The won strengthened after a sharp early-year rise as foreign investors made record net purchases of KOSPI stocks. Analysts cite US rate-cut expectations and Middle East risks as dollar-supporting factors.
A firmer won lowers Korea's dollar cost of imported feed grains and meal, a modest support for Korean feed buyers.
asiae.co.krLee ChanghwanFeb 5, 2024Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
