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The won rose to around 1,428 per dollar, its highest level in a month, as the greenback weakened on concerns about US growth and inflation. Traders were also watching Trump's reciprocal tariff threats and South Korea's request for steel and aluminum tariff exemptions.
A stronger won and softer dollar lower the local cost of dollar-priced feed imports, though tariff threats could reverse the trend.
tradingview.comFeb 24, 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.
