# Dollar index falls and won rises as Democrats gain edge in US midterms; KRW/USD closes 0.5 won higher at 1,341.5

> The won-dollar rate closed up 0.5 won at 1,341.5 on November 4 as early vote counts showed Democrats gaining ground in the US midterm elections. The dollar index fell 0.187 to 101.539 and US Treasury yields eased, while foreign investors net sold about 2.5 trillion won of Korean stocks.

- Date: 2026-11-04 · published 2026-11-04T12:08:48.224Z
- Category: macro · region South Korea · magnitude low
- Page: https://feedsoft.ai/events/79620-dollar-index-falls-and-won-rises-as-democrats-gain-edge-in-us-midterms-krw-usd
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [Korean Won (KRW per USD)](https://feedsoft.ai/c/USDKRW.md)

## Why it matters

A Democratic congressional majority could limit fiscal expansion and ease Treasury yield pressure, weakening the dollar and supporting emerging-market currencies. For feed buyers, a softer dollar modestly lowers the local-currency cost of dollar-priced grain and meal imports into Korea.

## Read by commodity

- DXY: bearish ▼
- USDKRW: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2025-06-26 | [Is the era of a weak dollar coming... KRW-USD exchange rate falls to the 1,350 won range](https://feedsoft.ai/events/24449-is-the-era-of-a-weak-dollar-coming-krw-usd-exchange-rate-falls-to-the-1-350-won.md) | -0.9% | -0.6% |
| DXY | 2020-11-26 | [Euro rises to near 3-month high as US dollar falls - The Business Times](https://feedsoft.ai/events/50370-euro-rises-to-near-3-month-high-as-us-dollar-falls-the-business-times.md) | -1.2% | -1.5% |
| DXY | 2023-12-14 | [Ringgit opens higher on declining US dollar index](https://feedsoft.ai/events/32988-ringgit-opens-higher-on-declining-us-dollar-index.md) | -1.3% | -1.3% |
| DXY | 2020-07-31 | [Rupee edges higher at 74.81 against US dollar \| Kashmir Reader](https://feedsoft.ai/events/52386-rupee-edges-higher-at-74-81-against-us-dollar-kashmir-reader.md) | -0.3% | -0.6% |
| DXY | 2025-03-04 | [Euro gains after German debt reform; US dollar falls](https://feedsoft.ai/events/5800-euro-gains-after-german-debt-reform-us-dollar-falls.md) | -1.2% | -0.8% |

## Sources

- yna.co.kr: https://www.yna.co.kr/view/AKR20261104141900002

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