Group 1 - The core point of the news is the agreement between the US and South Korea regarding a $350 billion investment fund, which includes $200 billion in cash, aimed at alleviating pressure on the Korean won and easing short-term financing burdens in the local bond market [1][3] - The 25% tariff on South Korean automobiles will be reduced to 15%, with most other goods maintaining current tariff levels, effective from a likely date of November 1 [3] - The reduction in tariffs is expected to significantly mitigate the downside risks faced by the South Korean automotive industry, which is heavily reliant on US demand [3] Group 2 - The role of the National Pension Service (NPS) in the foreign exchange market may become increasingly important as the Bank of Korea is required to remit investment earnings from foreign reserves to the US [3] - There is a potential risk of depreciation for the Korean won in the coming years as the proportion of dollar export revenues converted to won by private enterprises may decrease [3] - The impact of these developments on South Korea's monetary policy is expected to be neutral [3] Group 3 - Technical analysis indicates that the USD/KRW exchange rate is trading around 1420, with resistance levels at 1430-1450 and support levels at 1400-1420 [4]