# Korean won jumps on US-China trade optimism - The Korea Herald

> The South Korean won has strengthened against the US dollar by about 37 won over the past month, closing at 1,159.20 on Monday. Analysts attribute the gain mainly to optimism about US-China trade talks rather than to improving domestic economic fundamentals.

- Date: 2019-11-05 · published 2019-11-05T12:00:00.000Z
- Category: macro · region South Korea · magnitude low
- Page: https://feedsoft.ai/events/56299-korean-won-jumps-on-us-china-trade-optimism-the-korea-herald
- Commodities: [Korean Won (KRW per USD)](https://feedsoft.ai/c/USDKRW.md)

## Why it matters

A stronger won reflects a risk-on shift tied to US-China trade progress, which tends to support export demand expectations; for feed buyers, currency moves affect Korean import costs for feed grains and meal.

## Read by commodity

- USDKRW: bearish ▼

## Sources

- koreaherald.com: https://www.koreaherald.com/article/2145787

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