# [FX Close] 'Rollercoaster' Ride on US Blue Wave - Catches Breath in Early 1,340 Won Range

> The dollar-won rate closed the Seoul session around 1,341.50 won after swinging sharply intraday. It dipped to the mid-1,330s on a global dollar selloff after Democrats swept both chambers of Congress, then rebounded on settlement demand.

- Date: 2026-11-04 · published 2026-11-04T21:09:05.905Z
- Category: macro · region South Korea · magnitude low
- Page: https://feedsoft.ai/events/80472-fx-close-rollercoaster-ride-on-us-blue-wave-catches-breath-in-early-1-340-won
- 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 weaker dollar on the midterm result eases pressure on dollar-denominated import costs for Korean feed buyers, though the won remains volatile and the policy outlook for US fiscal and tax measures is uncertain.

## Read by commodity

- DXY: bearish ▼
- USDKRW: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2017-06-28 | [Euro sees a roller-coaster ride post-Draghi as dollar bulls start to throw in the towel](https://feedsoft.ai/events/70715-euro-sees-a-roller-coaster-ride-post-draghi-as-dollar-bulls-start-to-throw-in.md) | +0.1% | -1.9% |
| 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 | 2025-06-27 | [Dollar hovers near 3-1/2-year low with market focus on US rate cuts, euro area inflation](https://feedsoft.ai/events/24439-dollar-hovers-near-3-1-2-year-low-with-market-focus-on-us-rate-cuts-euro-area.md) | -0.3% | +0.3% |
| DXY | 2025-02-24 | [South Korean Won Rises on Weak US Dollar](https://feedsoft.ai/events/26307-south-korean-won-rises-on-weak-us-dollar.md) | +0.9% | -0.7% |
| DXY | 2025-06-30 | [Closing at Night Dollar-Won Ends at 1,355 Won Range… Burdened by Trade Uncertainty Despite Interest Rate Cut Expectations < Market < ArticleView - Blockmedia](https://feedsoft.ai/events/24446-closing-at-night-dollar-won-ends-at-1-355-won-range-burdened-by-trade.md) | -0.0% | +0.8% |

## Sources

- en.infomaxai.com: https://en.infomaxai.com/news/articleView.html?idxno=146944

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