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Officials in South Korea said currency policy was discussed at a May 5 meeting in Milan with U.S. officials. The won then surged, a few days after U.S.-Taiwan talks drove an 8% jump in the Taiwan dollar.
The article examines whether China's neighbours may seek currency arrangements with the Trump administration.
Possible currency deals between Asian economies and the U.S. could shift exchange rates that affect Asian import demand for U.S. farm goods. The near-term price impact on feed commodities is limited.
reuters.comRae Wee, Vidya RanganathanMay 16, 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.
