# Won Strengthens Further on Futures Selling, Nvidia Currency Conversion - US Election in Focus

> The dollar-won rate fell to about 1,341.40 won in Seoul trading on November 3, down 2.40 won from the prior close, as foreigners sold dollar futures. Market participants also expected dollar selling from the conversion of Nvidia's $1 billion investment in Naver, with payment scheduled for November 6.

- Date: 2026-11-03 · published 2026-11-03T09:10:05.230Z
- Category: market · region South Korea · magnitude low
- Page: https://feedsoft.ai/events/77384-won-strengthens-further-on-futures-selling-nvidia-currency-conversion-us
- Commodities: [Korean Won (KRW per USD)](https://feedsoft.ai/c/USDKRW.md)

## Why it matters

A stronger won makes dollar-priced feed imports cheaper for South Korean buyers, which eases their landed costs for grain and meal. The effect on global feed prices is minimal.

## Read by commodity

- USDKRW: bearish ▼

## Sources

- en.infomaxai.com: https://en.infomaxai.com/news/articleView.html?idxno=146655

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