# [FX] Dollar-won in early 1,340s as US election results are digested

> The won-dollar rate opened at 1,338.50 and peaked at 1,342.00 on November 5 before easing to 1,340.50. Markets expect weaker Trump administration policy momentum after the Democratic sweep. Strong current-account surpluses and exporter dollar selling capped the dollar's upside.

- Date: 2026-11-05 · published 2026-11-05T03:09:51.628Z
- Category: macro · region South Korea · magnitude low
- Page: https://feedsoft.ai/events/81024-fx-dollar-won-in-early-1-340s-as-us-election-results-are-digested
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [Korean Won (KRW per USD)](https://feedsoft.ai/c/USDKRW.md)

## Why it matters

Record Korean current-account surpluses and exporter dollar supply limit how far the won can be pushed below the 1,340 level. This keeps the won-cost of dollar-priced feed imports relatively stable.

## Read by commodity

- DXY: bearish ▼
- USDKRW: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2020-11-03 | [Latam FX, stocks rally as dollar dogged by election jitters](https://feedsoft.ai/events/50344-latam-fx-stocks-rally-as-dollar-dogged-by-election-jitters.md) | -1.8% | -3.6% |
| DXY | 2024-08-29 | [USD/CAD drops to near 1.3460 as US Dollar edges lower ahead of inflation test — Octa](https://feedsoft.ai/events/29036-usd-cad-drops-to-near-1-3460-as-us-dollar-edges-lower-ahead-of-inflation-test.md) | +0.5% | -0.7% |
| DXY | 2026-02-23 | [Sterling firms against dollar; tariff fallout, Manchester election in focus \| Reuters](https://feedsoft.ai/events/20862-sterling-firms-against-dollar-tariff-fallout-manchester-election-in-focus.md) | -0.1% | +1.9% |
| DXY | 2021-01-05 | [Dollar falls as yuan fix lifts risk currencies, Georgia elections in focus](https://feedsoft.ai/events/12069-dollar-falls-as-yuan-fix-lifts-risk-currencies-georgia-elections-in-focus.md) | +0.6% | +0.9% |
| 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% |

## Sources

- kbthink.com: https://kbthink.com/news-list/view.html?newsId=20261105092511636

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