
The Korean won weakened past 1,410 per dollar for the first time since May, driven by a stronger US dollar after firm US growth data and by concern over Washington's demand for an upfront $350 billion investment. Seoul also announced plans for 24-hour FX trading.
A weaker won raises the cost of dollar-priced feed and ingredient imports for Korean buyers, and the dollar strength adds pressure on dollar-denominated commodity prices.
Not enough comparable past events yet for a historical read.
After 2,356 past bullish macro events, DXY moved a median +0.2% over 5 sessions (60% higher; middle half -0.3% to +0.7%), and +0.4% over 20.
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.