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Analysts expect the South Korean won to strengthen further against the dollar, possibly rising above 1,100 per dollar in April. The outlook cites the Fed's gradual rate-hike stance, US currency manipulator concerns, and foreign stock buying.
A stronger won lowers Korean import costs for dollar-priced feed ingredients, a modest supportive factor for feed buyers' purchasing power. The effect on grain prices is small.
koreabizwire.comKorea BizwireMar 29, 2017Not 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.
