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The won strengthened to around 1,356 per dollar on Friday as the dollar weakened on expectations of a Federal Reserve leadership change. Investors were also focused on a July 9 deadline for a key trade agreement, and South Korea's growth forecast was raised slightly to about 1%.
A July trade deadline creates tariff uncertainty for US agricultural exports to Korea, and a weaker dollar supports dollar-priced grain and meal.
tradingview.comJun 27, 2025Not enough comparable past events yet for a historical read.
After 1,637 past bearish macro events, US Dollar (Broad) moved a median -0.2% over 5 sessions (39% higher; middle half -0.6% to +0.3%), and -0.2% 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.
