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South Korea's exchange rate policy has unexpectedly been added to the upcoming July Package trade negotiations with the US. Speculation suggests Washington wants a stronger won ahead of the Treasury's semiannual currency report.
A weak won has been used as leverage in trade talks; any won appreciation would make Korean dollar-priced feed imports cheaper but signals currency-driven trade pressure that could spill into broader Asian FX volatility.
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.