Loading…
The Korean won traded around 1,342.60 per dollar in Seoul on November 3, down 1.20 won, as investors waited for US midterm results. WTI crude plunged 7.63% to $96.46 the previous day on US-Iran negotiation hopes, and foreigners net sold 360 billion won of stocks.
Lower oil prices and a weaker dollar ease pressure on import-dependent Korean currency, while midterm uncertainty keeps FX volatile. For feed buyers, a softer dollar and lower energy costs can modestly support import pricing for feed ingredients priced in dollars.
en.infomaxai.comYoon Woo ShinNov 3, 2026Not enough comparable past events yet for a historical read.
After 565 past bearish macro events, WTI moved a median -1.4% over 5 sessions (41% higher; middle half -5.9% to +3.0%), and -0.5% over 20.
After 1,637 past bearish macro events, DXY moved a median -0.2% over 5 sessions (39% higher; middle half -0.6% to +0.3%), and -0.2% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
