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The won-dollar rate was 1,344 won at about 9 a.m. on November 4, up 3 won from the prior session's close. Analysts cited global dollar strength and political uncertainty ahead of the U.S. midterm elections, while dollar selling by semiconductor exporters was seen limiting the rise.
A weaker won makes dollar-denominated feed imports more expensive for Korean buyers. The effect on grain prices is small, since the move mainly reflects currency flows.
biz.chosun.comLee Hak-junNov 4, 2026Not 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.
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.
