
The dollar-won rate rose to about 1,337.60 won in early Seoul trading on November 14 after US wholesale prices hit their highest year-over-year level in over four years. The dollar had also been supported by a stronger-than-expected CPI and hawkish remarks from Fed Governor Waller.
A firmer dollar and higher US rate expectations weigh on dollar-priced commodities and make US feed exports costlier for Korean buyers, a bearish pressure on grain and meal values in dollar terms.
After 2,356 past bullish macro events, US Dollar (Broad) moved a median +0.2% over 5 sessions (60% higher; middle half -0.3% to +0.7%), and +0.4% 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.