# USD/KRW Falls on Improving Industrial Output, Investors Fleeing DXY

> The South Korean won strengthened against the US dollar after November industrial production rose 0.3% and manufacturing output grew 0.7% year-over-year. Business confidence slipped to 82 in December but remained near its highest level since 2012, while retail sales fell 1%.

- Date: 2020-12-30 · published 2020-12-30T12:00:00.000Z
- Category: macro · region South Korea · magnitude low
- Page: https://feedsoft.ai/events/49888-usd-krw-falls-on-improving-industrial-output-investors-fleeing-dxy
- Commodities: [Korean Won (KRW per USD)](https://feedsoft.ai/c/USDKRW.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A stronger won and weaker dollar change the cost of imported feed ingredients for Korean buyers, while the broader dollar slide supports dollar-denominated commodity prices.

## Read by commodity

- DXY: bearish ▼
- USDKRW: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2026-01-28 | [AUD/USD Outlook: US Dollar Unwind Hands the Baton to Australia CPI \| Investing.com](https://feedsoft.ai/events/21320-aud-usd-outlook-us-dollar-unwind-hands-the-baton-to-australia-cpi-investing-com.md) | +0.4% | +0.3% |
| DXY | 2025-06-26 | [Is the era of a weak dollar coming... KRW-USD exchange rate falls to the 1,350 won range](https://feedsoft.ai/events/24449-is-the-era-of-a-weak-dollar-coming-krw-usd-exchange-rate-falls-to-the-1-350-won.md) | -0.9% | -0.6% |
| DXY | 2024-07-31 | [Gold jumps and industrial metals rally as US Fed signals upcoming interest rate cut](https://feedsoft.ai/events/29145-gold-jumps-and-industrial-metals-rally-as-us-fed-signals-upcoming-interest-rate.md) | -0.5% | -1.9% |
| DXY | 2026-03-31 | [Dovish Fed Repricing Favors Gold - ADM Investor Services](https://feedsoft.ai/events/20071-dovish-fed-repricing-favors-gold-adm-investor-services.md) | -0.7% | -2.3% |
| DXY | 2023-11-23 | [Gold up on weaker dollar as investors wait on Fed rate path](https://feedsoft.ai/events/33078-gold-up-on-weaker-dollar-as-investors-wait-on-fed-rate-path.md) | -0.4% | -1.1% |

## Sources

- fxdailyreport.com: https://fxdailyreport.com/usd-krw-falls-on-improving-industrial-output-investors-fleeing-dxy/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.