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Reuters poll of 10 analysts, traders and fund managers found investors remained long most Asian currencies, with bullish bets on the Korean won turning positive for the first time since late August. The won was supported by strong South Korean GDP growth and October inflation near the Bank of Korea's 2 percent target, while the dollar weakened on reports Trump picked Jerome Powell to lead the Fed.
Currency moves in the won, yuan and baht affect the purchasing power of Asian feed importers and the local-currency cost of imported feed ingredients; a firmer Asian currency basket modestly eases import costs.
zeebiz.comReutersNov 2, 2017Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not 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.
