
South Korea's efforts to stabilise the won face pressure from record retail investor purchases of U.S. stocks, which fuel dollar demand as the won sits near 17-year lows. Korean retail investors, nicknamed 'ants', are ignoring government incentives to bring money home.
The won's weakness also complicates plans to invest $350 billion in U.S. industries under a trade deal.
Heavy dollar demand weakens the won and makes Korean buyers' dollar-priced imports costlier, while the broad dollar strength is a background factor for dollar-denominated grain and oilseed prices.
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.