
Analysts expect the won-dollar rate to trade between 1,335 and 1,348 on November 5 after Democrats took both chambers of Congress. They expect the dollar to weaken, oil prices to fall and chip-related export dollar sales to support the won, while foreign equity selling and real-demand dollar buying limit the decline.
Concern that slower AI data center expansion could weigh on memory demand is also cited.
A stronger won would lower the local cost of dollar-priced feed imports, but the analysts' view that equity outflows could persist means the currency may stay volatile.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.