# S.Korea's won and Philippine peso rise, U.S. inflation in focus | Financial Post

> The South Korean won and Philippine peso rose modestly on October 13, 2021, as the U.S. dollar eased slightly from near one-year highs. Markets were awaiting U.S. September inflation data, with core inflation expected near 4% year on year.

- Date: 2021-10-13 · published 2021-10-13T12:00:00.000Z
- Category: macro · region Asia · magnitude low
- Page: https://feedsoft.ai/events/44799-s-korea-s-won-and-philippine-peso-rise-u-s-inflation-in-focus-financial-post
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [Korean Won (KRW per USD)](https://feedsoft.ai/c/USDKRW.md)

## Why it matters

A firmer dollar tends to make dollar-priced feed imports more expensive for Asian buyers, while the dollar's easing gives some relief. Expectations of Fed tapering keep the dollar supported, so the currency backdrop for feed costs stays volatile.

## Read by commodity

- DXY: neutral
- USDKRW: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2021-01-26 | [S.African rand weakens on stimulus nerves; IMF forecast lifts lira \| Financial Post](https://feedsoft.ai/events/49432-s-african-rand-weakens-on-stimulus-nerves-imf-forecast-lifts-lira-financial-post.md) | +0.5% | +0.0% |
| DXY | 2024-08-30 | [FX Daily: US and eurozone inflation in focus \| articles \| ING THINK](https://feedsoft.ai/events/29011-fx-daily-us-and-eurozone-inflation-in-focus-articles-ing-think.md) | +0.2% | -0.9% |
| DXY | 2019-09-20 | [Take Five: U.S. money market ruckus - one-off or warning? \| Financial Post](https://feedsoft.ai/events/57276-take-five-u-s-money-market-ruckus-one-off-or-warning-financial-post.md) | +0.5% | -0.8% |
| DXY | 2021-05-19 | [Risk of spillovers from US equity market corrections to euro area markets and financial conditions](https://feedsoft.ai/events/47297-risk-of-spillovers-from-us-equity-market-corrections-to-euro-area-markets-and.md) | +0.0% | +0.3% |
| DXY | 2017-12-14 | [Bank of England unanimously votes to hold interest rates, shifting focus to inflation](https://feedsoft.ai/events/67720-bank-of-england-unanimously-votes-to-hold-interest-rates-shifting-focus-to.md) | -0.4% | -2.1% |

## Sources

- financialpost.com: https://financialpost.com/pmn/business-pmn/s-koreas-won-and-philippine-peso-rise-u-s-inflation-in-focus

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.