South Korea will announce January industrial production (IP) data on 28 February. Meanwhile, the Bank of Korea (BoK) will hold a meeting on 27 February. Economists at Standard Chartered Bank predict the result of these events. USD/KRW trades at 1209.20. Key quotes “We expect the Bank of Korea (BoK) to keep the policy rate unchanged at its 27 February meeting.” “We think the BoK will wait for more data to gauge the impact of the coronavirus.” “IP likely fell 2.1% m/m and 1.6% y/y, after having risen 3.5% m/m and 4.2% y/y in December, due to fewer working days than January last year (Lunar New Year was in January this year versus in February last year).” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street Expert score 5 Etoro - Best For Beginner & Experts0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 5 Read Review Open My Free Account Your capital is at risk. FXStreet News share Read Next USD/CNH faces extra upside near-term – UOB FX Street 2 years South Korea will announce January industrial production (IP) data on 28 February. Meanwhile, the Bank of Korea (BoK) will hold a meeting on 27 February. Economists at Standard Chartered Bank predict the result of these events. USD/KRW trades at 1209.20. Key quotes “We expect the Bank of Korea (BoK) to keep the policy rate unchanged at its 27 February meeting.” “We think the BoK will wait for more data to gauge the impact of the coronavirus.” “IP likely fell 2.1% m/m and 1.6% y/y, after having risen 3.5% m/m and 4.2% y/y in December, due to fewer working days than January… Top Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
