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The won reached its highest level in over two years on strong semiconductor-driven exports, with the October average at 1,342.6 per dollar. The Bank of Korea's back-to-back rate hikes in July and August narrowed the interest rate gap with the U.S. September's average daily trade surplus was close to $2.5 billion.
A firmer won lowers the cost of dollar-priced feed imports for Korean buyers, while the rate gap narrowing reduces the dollar's appeal in the short term.
Not 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.