# Won rises as U.S. midterm results dim AI data center expansion outlook

> The won-dollar rate traded at 1,340.6 won at 9 a.m. on November 5, down 0.9 won from the prior close. Democrats' midterm victory raised expectations of tighter rules on AI data centers and slower expansion. The Philadelphia Semiconductor Index fell 3.1% to a six-month low while the Dow rose 3.03%.

- Date: 2026-11-05 · published 2026-11-05T03:09:51.488Z
- Category: macro · region South Korea · magnitude low
- Page: https://feedsoft.ai/events/81022-won-rises-as-u-s-midterm-results-dim-ai-data-center-expansion-outlook
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [Korean Won (KRW per USD)](https://feedsoft.ai/c/USDKRW.md)

## Why it matters

Expectations of slower AI investment are easing upward pressure on US long-term yields, which is weakening the dollar. The effect on feed ingredient prices is indirect and small.

## Read by commodity

- DXY: bearish ▼
- USDKRW: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2026-07-30 | [Gold rises on weaker U.S. dollar, soft inflation data](https://feedsoft.ai/events/18260-gold-rises-on-weaker-u-s-dollar-soft-inflation-data.md) | -1.2% | -1.9% |
| DXY | 2023-07-01 | [Dollar weaker after data burst, euro rises on ECB comments](https://feedsoft.ai/events/35680-dollar-weaker-after-data-burst-euro-rises-on-ecb-comments.md) | -0.3% | -1.3% |
| DXY | 2023-04-12 | [Oil rises 2% on lower-than-expected US inflation data \| Reuters](https://feedsoft.ai/events/36559-oil-rises-2-on-lower-than-expected-us-inflation-data-reuters.md) | -0.4% | -0.6% |
| DXY | 2023-12-14 | [U.S. crude oil rises 3% on weaker dollar, slightly improved 2024 demand outlook](https://feedsoft.ai/events/32887-u-s-crude-oil-rises-3-on-weaker-dollar-slightly-improved-2024-demand-outlook.md) | -1.3% | -1.3% |
| DXY | 2024-10-11 | [South African rand rises after U.S. data fuels Fed rate cut bets \| CNBC Africa](https://feedsoft.ai/events/28156-south-african-rand-rises-after-u-s-data-fuels-fed-rate-cut-bets-cnbc-africa.md) | +0.7% | +2.0% |

## Sources

- biz.chosun.com: https://biz.chosun.com/en/en-policy/2026/11/05/J2VF35XXMFEWTE7Z765F3SK7EA/

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