NDF at 1,344.00/1,344.40 Won, Up 3.95 Won

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.

• Aug 30, 2026USD-KRW Rises 0.80 Won to 1,369.40 as Month-End Selling Eases on September 1st | Gate News-0.6%
• Nov 30, 2016Seoul: Won down at 1-week low as US dollar jumps after Opec deal; stocks up - The Business Times-0.6%
• Mar 8, 2021Dollar at 3-1/2-month high on firmer yields, U.S. growth | Reuters-0.6%
• Mar 27, 2026Ringgit weakens past 4.00 against US dollar | The Star+0.1%
• Sep 28, 2022Won crash continues as need for swap with U.S. downplayed-1.8%

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.

• Dec 14, 2016Korea's export prices up 4.1% last month on weaker won - The Korea Herald+0.9%
• Jul 30, 2024Oil prices slide 1%, settle at 7-week low on China worries-4.3%
• Dec 12, 2023U.S. crude oil falls more than 3% on inflation worries+3.3%
• Feb 27, 2023Oil futures slip 1% on worries about more U.S. interest rate hikes | Reuters+3.7%
• Oct 29, 2020Oil falls more than 3%, on track for worst week since April+5.1%