Monday, March 6, 2017

25 won a two-day surge in the won / dollar rate jojeongse



[South Korea's Choice Financial newspaper reporter] has climbed steeply falling won / dollar exchange rate two days.

Won / dollar exchange rate on the Seoul Foreign Exchange Market 6 days 10:13 fell 2.8 won from the previous 1154.2 won per dollar in morning trading today. The won / dollar exchange rate was down 3.1 won to 1153.0 won the opening.

Won / dollar exchange rate is interpreted that the adjustment had not been a surge in retaliatory economic concerns of the Chinese government in accordance with US interest rates and cautious Saad place. Dollar trading day before the three days Won / exchange rate had soared 14.5 won from the previous day, the bars add up to the day before two days, up 25.4 won new.

This week coming 14 to 15 (local time) conduct blackout is prohibited monetary policy statement of the Federal Open Market Committee (FOMC) members ahead of the meeting of the US Federal Reserve (Fed).

One yen will be announced February 10 that US non-farm employment indicators embroidery. Fed Chairman Janet Yellen has previously suggested the possibility of a bar last 3 (Reuters) - Month of employment and prices are right, and if we continue to expect a "prerequisite to the March federal funds (FF) rate hike.

Mirae Asset treatment bakhuichan analysts' March not only be high priority for US February employment data chance of a rate hike and the related 'said' recent US consumption trend in February employment data because it very good consensus (MoM about 18 million likely to be slightly less than the increase)'re likely 'he predicted.



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