
The won-dollar rate in Seoul stood at 1,346.1 won per dollar at 9:14 a.m. on November 4, up from the prior day's close amid uncertainty over the U.S. midterm elections. The dollar index rose 0.06% to 101.87, and Brent and WTI for December delivery fell for a second day to $103.60 and $96.09 per barrel.
A stronger dollar and weaker won raise the local-currency cost of dollar-priced feed ingredient imports into Korea. Oil declines reflect easing supply fears, which are a minor offset for feed costs.
Not enough comparable past events yet for a historical read.
After 2,356 past bullish macro events, US Dollar (Broad) moved a median +0.2% over 5 sessions (60% higher; middle half -0.3% to +0.7%), and +0.4% over 20.
After 312 past bearish macro events, Crude Oil (Brent) moved a median -1.7% over 5 sessions (38% higher; middle half -5.4% to +2.3%), and -1.7% 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.