# Dollar weakens after Democratic sweep — how far will the won-dollar rate fall?

> The Democratic Party won both chambers of Congress in the US midterm elections, pushing the dollar and US Treasury yields lower. The won-dollar rate opened at 1,344 won on Wednesday, fell to 1,336.1 and closed at 1,341.0. Analysts expect limited won gains because of possible AI-regulation worries and foreign selling.

- Date: 2026-11-05 · published 2026-11-05T03:09:51.421Z
- Category: macro · region South Korea · magnitude low
- Page: https://feedsoft.ai/events/81021-dollar-weakens-after-democratic-sweep-how-far-will-the-won-dollar-rate-fall
- 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 and lower US yields make dollar-priced feed imports slightly cheaper in won terms for Korean buyers. Gains may be capped by foreign outflows from semiconductor stocks.

## Read by commodity

- DXY: bearish ▼
- USDKRW: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2019-10-31 | [Gold gains as dollar weakens after Fed's interest rate cut](https://feedsoft.ai/events/56483-gold-gains-as-dollar-weakens-after-fed-s-interest-rate-cut.md) | -0.1% | +0.8% |
| DXY | 2017-06-14 | [Dollar falls after Fed interest rate decision](https://feedsoft.ai/events/10197-dollar-falls-after-fed-interest-rate-decision.md) | +0.6% | -0.9% |
| DXY | 2023-03-16 | [Euro rises, dollar falls after ECB rate decision](https://feedsoft.ai/events/10083-euro-rises-dollar-falls-after-ecb-rate-decision.md) | -1.2% | -2.5% |
| DXY | 2024-03-20 | [Dollar weakens after Fed meeting, yen strengthens](https://feedsoft.ai/events/31389-dollar-weakens-after-fed-meeting-yen-strengthens.md) | +0.1% | +1.8% |
| DXY | 2022-11-02 | [US dollar falls broadly after the Fed hints at a slower pace of rate hikes](https://feedsoft.ai/events/38845-us-dollar-falls-broadly-after-the-fed-hints-at-a-slower-pace-of-rate-hikes.md) | -1.4% | -4.2% |

## Sources

- biz.heraldcorp.com: https://biz.heraldcorp.com/article/10926712

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