# FxWirePro: South Korean won marginally higher after industrial production, retail sales data | EconoTimes

> 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.

- Date: 2016-11-30 · published 2016-11-30T12:00:00.000Z
- Category: market · region South Korea · magnitude low
- Page: https://feedsoft.ai/events/74047-fxwirepro-south-korean-won-marginally-higher-after-industrial-production-retail
- Commodities: [Korean Won (KRW per USD)](https://feedsoft.ai/c/USDKRW.md)

## Why it matters

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.

## Read by commodity

- USDKRW: neutral

## Sources

- econotimes.com: https://econotimes.com/FxWirePro-South-Korean-won-marginally-higher-after-industrial-production-retail-sales-data-425489

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