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Experts expect the won to strengthen after Democrats won control of both chambers of Congress, which could constrain Trump's economic agenda and ease pressure on Treasury yields. The won rose from 1,527.95 per dollar in June to 1,335.70 in October, and analysts warn that slowing semiconductor exports could reverse the gains.
A stronger won lowers the local cost of imported crude oil and raw materials, which can ease food and energy price pressure in Korea. A weaker dollar also tends to support dollar-priced commodities.
koreatimes.co.krLee Hyo-jinNov 4, 2026Not enough comparable past events yet for a historical read.
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.
