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The won-dollar rate opened higher on November 4 at 1,344.0 won, up 3.0 won from the prior afternoon close, as the dollar strengthened ahead of the U.S. midterm results. Rising U.S. Treasury yields, not equity gains, drove the dollar higher, while semiconductor exporters' dollar selling limited the rise.
A stronger dollar and weaker won raise the cost of dollar-priced feed imports for Korean buyers. The move is currency-driven and has little direct effect on grain prices.
donga.comNov 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.
