# Bluewave calms oil and rates; dollar-won opens in the 1,340s

> The won-dollar rate opened in the 1,340s on November 5 after the Democratic midterm sweep. Oil and interest-rate pressures eased as Democrats pushed for an end to the Iran war. Analysts linked the dollar's decline to lower US policy momentum.

- Date: 2026-11-05 · published 2026-11-05T03:09:51.552Z
- Category: macro · region South Korea · magnitude low
- Page: https://feedsoft.ai/events/81023-bluewave-calms-oil-and-rates-dollar-won-opens-in-the-1-340s
- Commodities: [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [Korean Won (KRW per USD)](https://feedsoft.ai/c/USDKRW.md)

## Why it matters

Lower oil prices reduce energy and freight cost pressure on feed supply chains. A softer dollar modestly lowers the won cost of dollar-priced imports.

## Read by commodity

- DXY: bearish ▼
- BRENT: bearish ▼
- USDKRW: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| BRENT | 2022-12-15 | [Oil prices slid 2% as dollar firms and central banks hike interest rates](https://feedsoft.ai/events/38152-oil-prices-slid-2-as-dollar-firms-and-central-banks-hike-interest-rates.md) | -2.2% | +1.6% |
| BRENT | 2026-09-18 | [Ringgit opens higher against US dollar as oil prices ease \| The Star](https://feedsoft.ai/events/17729-ringgit-opens-higher-against-us-dollar-as-oil-prices-ease-the-star.md) | -0.3% | +5.0% |
| BRENT | 2026-03-20 | [Grain Futures Slid As Oil Paused And The Dollar Firmed - Finimize](https://feedsoft.ai/events/11695-grain-futures-slid-as-oil-paused-and-the-dollar-firmed-finimize.md) | +0.8% | -14.0% |
| BRENT | 2021-03-19 | [Oil battered in ugly week as demand concerns, dollar spur slump](https://feedsoft.ai/events/7045-oil-battered-in-ugly-week-as-demand-concerns-dollar-spur-slump.md) | -1.8% | +5.9% |
| BRENT | 2018-05-31 | [Oil Price Slides, Canadian Dollar Exchange Rates Side With It \| Exchange Rates UK](https://feedsoft.ai/events/65244-oil-price-slides-canadian-dollar-exchange-rates-side-with-it-exchange-rates-uk.md) | -3.1% | +0.2% |
| DXY | 2023-01-17 | [The downturn in the dollar is not just about rates](https://feedsoft.ai/events/37975-the-downturn-in-the-dollar-is-not-just-about-rates.md) | -0.0% | +0.7% |
| 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 | 2018-03-28 | [US dollar weighed down by trade and interest rate policies \| The National](https://feedsoft.ai/events/66189-us-dollar-weighed-down-by-trade-and-interest-rate-policies-the-national.md) | +0.2% | +1.4% |

## Sources

- news1.kr: https://www.news1.kr/finance/market-exr/6343771

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