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Hana Bank forecasts the won-dollar rate to trade between 1,315 and 1,350 per dollar in the coming week. Investors expect the Fed to slow rate hikes, which would support the won, while a hawkish Fed chair and Covid protests in China could weigh on it.
Market volatility is expected.
Expected won volatility within a narrow range has little direct effect on feed commodity prices. It matters mainly for the local cost of imported feed for Korean buyers.
hapskorea.comHana BankNov 28, 2022Not 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.
