# Strong Dollar Reflected Amid Wait-and-See on US Midterms; Won Seen Trading in the Mid-1,340s

> Woori Bank analysts forecast the won-dollar rate would trade in the mid-to-high 1,340s on November 4, with an intraday range of 1,338–1,352. They cited global dollar strength and rising domestic dollar demand from importers, partly offset by exporters' conversion flows.

- Date: 2026-11-03 · published 2026-11-04T00:13:04.682Z
- Category: macro · region South Korea · magnitude low
- Page: https://feedsoft.ai/events/78607-strong-dollar-reflected-amid-wait-and-see-on-us-midterms-won-seen-trading-in
- Commodities: [Korean Won (KRW per USD)](https://feedsoft.ai/c/USDKRW.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Persistent dollar strength raises import costs for Korean feed buyers, while the expected midterm outcome could shift the dollar's direction.

## Read by commodity

- DXY: bullish ▲
- USDKRW: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2022-09-28 | [Why is the US dollar so strong, and what does it mean?](https://feedsoft.ai/events/10320-why-is-the-us-dollar-so-strong-and-what-does-it-mean.md) | -1.8% | -1.5% |
| DXY | 2023-06-01 | [Why is the US dollar so strong again?](https://feedsoft.ai/events/35846-why-is-the-us-dollar-so-strong-again.md) | -0.9% | -1.2% |
| DXY | 2024-04-29 | [A Strong U.S. Dollar Weighs on the World](https://feedsoft.ai/events/30905-a-strong-u-s-dollar-weighs-on-the-world.md) | -0.7% | -1.1% |
| DXY | 2022-07-01 | [Why has the dollar been so strong – and can it continue?](https://feedsoft.ai/events/40856-why-has-the-dollar-been-so-strong-and-can-it-continue.md) | +1.2% | +0.7% |
| DXY | 2021-02-27 | [Commodity returns plunge the most in months amid stronger dollar](https://feedsoft.ai/events/48541-commodity-returns-plunge-the-most-in-months-amid-stronger-dollar.md) | +0.8% | +0.8% |

## Sources

- supple.kr: https://supple.kr/news/cmw1b8vtk8eysclgjpsi5l81m

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