# Won gains 2.8 won to 1,341 as traders wait ahead of US midterms

> The won-dollar rate closed at 1,341.0 on Nov. 3, up 2.8 won from the prior day, as traders held back ahead of the US midterm elections. Foreign stock selling pressured the won, while easing oil prices after US-Iran negotiation hopes helped stabilize it. WTI fell below $100 to $97.43 and the dollar index slipped to 101.726.

- Date: 2026-11-03 · published 2026-11-03T12:09:11.396Z
- Category: market · region South Korea · magnitude low
- Page: https://feedsoft.ai/events/77545-won-gains-2-8-won-to-1-341-as-traders-wait-ahead-of-us-midterms
- Commodities: [Korean Won (KRW per USD)](https://feedsoft.ai/c/USDKRW.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Lower oil prices and a steadier won reduce import cost pressure for Korean buyers, but the move is a routine currency wrap with no direct feed supply change.

## Read by commodity

- DXY: bearish ▼
- WTI: bearish ▼
- USDKRW: neutral

## Sources

- mbnmoney.mbn.co.kr: https://mbnmoney.mbn.co.kr/news/view?news_no=MM1005954105

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