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The Korean won reversed part of its prior-day 14-won surge against the dollar after the FOMC meeting was read as more dovish than expected. The won closed at 1,336.8 per dollar on October 29.
Markets are now awaiting U.S. midterm elections, jobs and inflation data.
A stronger won lowers the local-currency cost of imported feed ingredients and soymeal for Korean buyers, while a dovish Fed tends to soften the dollar broadly and support dollar-denominated commodity prices.
en.sedaily.comKim Hye-ranOct 29, 2026Not 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.
