# South Korea's won is Asia's whipping boy in U.S.-China trade war

> South Korea's won has fallen to its weakest level since January 2017, near 1,200 per dollar, down nearly 6% this year. Investors use the won as a proxy for bets on the economic costs of the US-China trade war.

- Date: 2019-06-12 · published 2019-06-12T12:00:00.000Z
- Category: macro · region South Korea · magnitude low
- Page: https://feedsoft.ai/events/58824-south-korea-s-won-is-asia-s-whipping-boy-in-u-s-china-trade-war
- Commodities: [Korean Won (KRW per USD)](https://feedsoft.ai/c/USDKRW.md)

## Why it matters

A weaker won makes Korean buyers' dollar-priced feed imports more expensive and signals softer Korean import demand, a modest negative for feed-grade commodity demand.

## Read by commodity

- USDKRW: bullish ▲

## Sources

- reuters.com: https://www.reuters.com/article/us-southkorea-markets-won/south-koreas-won-is-asias-whipping-boy-in-u-s-china-trade-war-idUSKCN1TD0MB/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.