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The won traded near 1,167 per dollar, with intraday ranges of 1,165 to 1,168 and technical support and resistance levels outlined. South Korea's October industrial output fell 1.7 percent month on month, below the forecast of -0.1 percent, while the year-on-year rate was -1.6 percent.
Weak Korean industrial output is a modest signal of softer import demand, and the currency's technical moves affect the local cost of imported feed ingredients.
econotimes.comFxWirePro TeamNov 30, 2016Not 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.
