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ING forecasts USD/KRW could fall to 1425 by end-March on strong early-February Korean export data and measures to repatriate FX earnings. Asian equities, especially Korean and Taiwanese chip indices, are outperforming on AI expectations.
The S&P 500 has traded in a narrow range since the start of the year.
A stronger won would lower Korean import costs for dollar-priced feed, but the effect on global feed prices is minimal.
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.