# Exchange rate seen in range; iM Securities expects 1,310-1,350 won this week amid external uncertainty

> iM Securities expects the won-dollar rate to trade in a range of 1,310 to 1,350 won this week. Korea recorded a $42.5 billion trade surplus in October, its second straight month above $40 billion, and the US midterm elections are on November 3.

- Date: 2026-11-02 · published 2026-11-02T21:11:49.076Z
- Category: macro · region South Korea · magnitude low
- Page: https://feedsoft.ai/events/75922-exchange-rate-seen-in-range-im-securities-expects-1-310-1-350-won-this-week
- Commodities: [Korean Won (KRW per USD)](https://feedsoft.ai/c/USDKRW.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

The forecast range points to limited FX volatility, so feed import costs in won terms are unlikely to move sharply this week. A Democratic sweep could weaken the dollar, while renewed US strikes on Iran could strengthen it and lift oil prices.

## Read by commodity

- DXY: neutral
- USDKRW: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2025-05-31 | [Ringgit expected to trade in cautious mode next week amid US tariff uncertainty \| The Star](https://feedsoft.ai/events/24944-ringgit-expected-to-trade-in-cautious-mode-next-week-amid-us-tariff-uncertainty.md) | -0.5% | -1.9% |
| DXY | 2025-03-26 | [Fed's Goolsbee sees lower interest rates in a year's time, but warns of uncertainties, FT reports](https://feedsoft.ai/events/25476-fed-s-goolsbee-sees-lower-interest-rates-in-a-year-s-time-but-warns-of.md) | +0.3% | -2.9% |
| DXY | 2018-02-11 | [ECB concerned about U.S. political influence on exchange rates: Nowotny](https://feedsoft.ai/events/66703-ecb-concerned-about-u-s-political-influence-on-exchange-rates-nowotny.md) | -1.1% | -0.5% |
| DXY | 2022-11-23 | [Euro vs US dollar: Long-term uncertainty amid interest differential](https://feedsoft.ai/events/38895-euro-vs-us-dollar-long-term-uncertainty-amid-interest-differential.md) | -0.6% | -1.6% |
| DXY | 2019-03-06 | [Exchange & Interest Rate Forecasts For Euro, Dollar And Pound Sterling: ING](https://feedsoft.ai/events/60348-exchange-and-amp-interest-rate-forecasts-for-euro-dollar-and-pound-sterling-ing.md) | +0.1% | +0.3% |

## Sources

- financialpost.co.kr: https://www.financialpost.co.kr/news/articleView.html?idxno=283926

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