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President Moon Jae-in said the government plans to provide 9.3 trillion won in support measures to fight the latest coronavirus wave. USD/KRW fell to 1,093, down 0.32% on the day, amid broad dollar weakness.
Domestic fiscal support and a softer dollar both point to a firmer won, which lowers Korean feed import costs in local currency.
forexcrunch.comFX StreetDec 29, 2020Not 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.
