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MUFG notes that South Korea's October headline CPI eased to 2.8% year-on-year from 2.9%, while core inflation held at 2.8%, above consensus. It expects this to keep the Bank of Korea's tightening bias alive alongside strong growth and a semiconductor export boom.
Expected BoK tightening and a growing trade surplus support the won against the dollar, which lowers local-currency costs for imported feed ingredients, though foreign equity outflows remain a counterweight.
fxstreet.comFXStreet Insights TeamNov 4, 2026Not 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.
