Loading…
The won weakened against the dollar on October 1 as U.S. Treasury yields rose past 5.3%, the highest in about 24 years. The won closed at 1,358.4 per dollar, down 5.6 won, and foreigners sold about $403 million of Korean stocks.
The move came despite a softer-than-expected U.S. inflation reading for August.
Higher U.S. yields strengthen the dollar against emerging-market currencies, raising the local cost of dollar-priced feed imports for Korean buyers.
koreatimes.co.krYonhapOct 1, 2026Not enough comparable past events yet for a historical read.
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.
