
The dollar-won rate opened at 1,363 and was trading at 1,357.90 won late in the morning, after briefly dipping to 1,357.30. Exporter dollar sales and foreign selling of dollar futures weighed on the rate, while the previous week’s strong US employment data had supported the dollar.
Exporter dollar sales add supply to the FX market and can limit further won weakness, reducing the won cost of dollar-denominated feed imports. The rate nevertheless remained above the previous Seoul close, so the immediate price signal was mixed.
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.