# iM Securities expects won-dollar rate to fall to 1,320 by end-November on external uncertainty easing

> iM Securities analyst Park Sang-hyun forecasts the won-dollar rate will fall to around 1,320 by late November, citing a widening trade surplus, sound fiscal health and dollar conversion from Samsung and SK hynix shareholder returns. The won closed at 1,343.8 on November 2, up 9.5 won from October 30.

- Date: 2026-11-03 · published 2026-11-03T00:42:48.933Z
- Category: macro · region Asia · magnitude low
- Page: https://feedsoft.ai/events/76755-im-securities-expects-won-dollar-rate-to-fall-to-1-320-by-end-november-on
- Commodities: [Korean Won (KRW per USD)](https://feedsoft.ai/c/USDKRW.md), [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md)

## Why it matters

A stronger won would lower the local cost of dollar-priced feed imports for Korean buyers, while the analyst also flags that a US strike on Iran could briefly lift oil prices.

## Read by commodity

- BRENT: bullish ▲
- USDKRW: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| BRENT | 2018-09-26 | [Overnight Financial data Review: the United States announced that interest rate increases in the US dollar have been supported by the rise and fall of the internal and external markets. - Shanghai Metals Market (SMM)](https://feedsoft.ai/events/62958-overnight-financial-data-review-the-united-states-announced-that-interest-rate.md) | +3.9% | -5.5% |
| BRENT | 2023-05-26 | [Oil up over weaker dollar amid uncertainties of OPEC+ next output move](https://feedsoft.ai/events/36105-oil-up-over-weaker-dollar-amid-uncertainties-of-opec-next-output-move.md) | +0.1% | -3.0% |
| BRENT | 2024-08-26 | [Interest rates: US dollar sinks as traders position for rate cuts by the Federal Reserve](https://feedsoft.ai/events/28691-interest-rates-us-dollar-sinks-as-traders-position-for-rate-cuts-by-the-federal.md) | -0.2% | -5.6% |
| BRENT | 2026-09-29 | [Fed Rate Hike Bets and US Bond Rout Bolster the Dollar, Hurt Equities and Gold \| Investing.com](https://feedsoft.ai/events/17391-fed-rate-hike-bets-and-us-bond-rout-bolster-the-dollar-hurt-equities-and-gold.md) | +5.1% | +3.9% |
| BRENT | 2026-04-29 | [EUR/USD Holds Gains but Rate Expectations Leave Outlook Uncertain \| Investing.com](https://feedsoft.ai/events/19945-eur-usd-holds-gains-but-rate-expectations-leave-outlook-uncertain-investing-com.md) | -1.9% | -16.4% |

## Sources

- businesspost.co.kr: https://www.businesspost.co.kr/BP?command=article_view&num=450984

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