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

> The one-month dollar-won non-deliverable forward was quoted at 1,344.20 won in New York on November 4, up 3.95 won from the Seoul spot close of 1,341.00. The dollar strengthened as the midterm elections began, supported by rising U.S. Treasury yields and a strong jobs report showing 7.523 million job openings in September. Oil prices declined on hopes of a U.S.-Iran diplomatic solution.

- Date: 2026-11-04 · published 2026-11-04T03:08:56.935Z
- Category: macro · region South Korea · magnitude low
- Page: https://feedsoft.ai/events/79018-ndf-at-1-344-00-1-344-40-won-up-3-95-won
- Commodities: [Korean Won (KRW per USD)](https://feedsoft.ai/c/USDKRW.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md)

## Why it matters

Stronger dollar forwards signal higher hedging costs for Korean importers of dollar-priced feed. Lower oil eases energy and freight pressure on feed commodities.

## Read by commodity

- DXY: bullish ▲
- BRENT: bearish ▼
- USDKRW: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2026-08-30 | [USD-KRW Rises 0.80 Won to 1,369.40 as Month-End Selling Eases on September 1st \| Gate News](https://feedsoft.ai/events/18160-usd-krw-rises-0-80-won-to-1-369-40-as-month-end-selling-eases-on-september-1st.md) | -0.6% | +1.6% |
| DXY | 2016-11-30 | [Seoul: Won down at 1-week low as US dollar jumps after Opec deal; stocks up - The Business Times](https://feedsoft.ai/events/74046-seoul-won-down-at-1-week-low-as-us-dollar-jumps-after-opec-deal-stocks-up-the.md) | -0.6% | +1.3% |
| DXY | 2021-03-08 | [Dollar at 3-1/2-month high on firmer yields, U.S. growth \| Reuters](https://feedsoft.ai/events/48311-dollar-at-3-1-2-month-high-on-firmer-yields-u-s-growth-reuters.md) | -0.6% | -0.0% |
| DXY | 2026-03-27 | [Ringgit weakens past 4.00 against US dollar \| The Star](https://feedsoft.ai/events/20417-ringgit-weakens-past-4-00-against-us-dollar-the-star.md) | +0.1% | -1.4% |
| DXY | 2022-09-28 | [Won crash continues as need for swap with U.S. downplayed](https://feedsoft.ai/events/39824-won-crash-continues-as-need-for-swap-with-u-s-downplayed.md) | -1.8% | -1.5% |
| BRENT | 2016-12-14 | [Korea's export prices up 4.1% last month on weaker won - The Korea Herald](https://feedsoft.ai/events/73683-korea-s-export-prices-up-4-1-last-month-on-weaker-won-the-korea-herald.md) | +0.9% | +1.4% |
| BRENT | 2024-07-30 | [Oil prices slide 1%, settle at 7-week low on China worries](https://feedsoft.ai/events/29441-oil-prices-slide-1-settle-at-7-week-low-on-china-worries.md) | -4.3% | +0.7% |
| BRENT | 2023-12-12 | [U.S. crude oil falls more than 3% on inflation worries](https://feedsoft.ai/events/32888-u-s-crude-oil-falls-more-than-3-on-inflation-worries.md) | +3.3% | +2.3% |

## Sources

- en.infomaxai.com: https://en.infomaxai.com/news/articleView.html?idxno=146784

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