The South Korean won inched up early on Friday in cautious trade ahead of the much-awaited August US non-farm payrolls report later in the day - which could give a clearer view on a potential Fed rate hike.The won was quoted at 1,119.1 as of 0155 GMT, up 0.3 per cent compared with Thursday's close of 1,122.1.
News that a gauge of US national factory activity fell in August for the first time in six months added to the tentative mood.
"The dollar weakened broadly on the weak factory data but cautious investor environment is keeping the won from extending gains," said Jeong My-young, a foreign exchange analyst at Samsung Futures.Click Here To Register For Free Trial Services OR Give A Missed Call : +6531581402 Follow Us On Twitter : www.twitter.com/epicresearchsg Like Us On Facebook : www.facebook.com/EpicResearchSingapore Need Any Assistance Feel Free To Mail Us at : info@epicresearch.sg
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