
The won weakened 14.5 against the dollar on November 6, closing at 1,356.6 per dollar, its largest daily decline in six months. A sharp selloff in Korean and U.S. stocks, driven by concerns that a Democratic-controlled Congress could slow AI data-center construction, fueled risk aversion; strong U.S. employment data also supported the dollar.
Risk aversion and stronger U.S. data supported the dollar against the won, raising the USD/KRW rate. A weaker won can raise the local-currency cost of imported feed and agricultural commodities for South Korean buyers.
Not enough comparable past events yet for a historical read.
After 2,356 past bullish macro events, US Dollar (Broad) moved a median +0.2% over 5 sessions (60% higher; middle half -0.3% to +0.7%), and +0.4% over 20.
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.