# Dollar Weakens as U.S. Midterm Results Shift Congressional Balance; Won Tests 1,340 Level

> The dollar weakened after Democrats won control of both the House and Senate in the US midterms, raising doubts about the Trump administration's fiscal expansion and debt issuance plans. The 10-year US Treasury yield fell about 8 basis points to 4.884%, and the won traded around 1,340 per dollar in early Seoul trading on November 5.

- Date: 2026-11-05 · published 2026-11-05T06:08:38.547Z
- Category: macro · region South Korea · magnitude medium
- Page: https://feedsoft.ai/events/81163-dollar-weakens-as-u-s-midterm-results-shift-congressional-balance-won-tests-1
- Commodities: [Korean Won (KRW per USD)](https://feedsoft.ai/c/USDKRW.md)

## Why it matters

Lower US yields and a weaker dollar reduce financing and import costs for dollar-priced feed, while the won's level sets local prices for soybean meal, corn and other imports.

## Read by commodity

- USDKRW: neutral

## Sources

- businesskorea.co.kr: https://www.businesskorea.co.kr/news/articleView.html?idxno=280555

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