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Asian currencies diverged after the US midterm elections. Lower oil prices and Treasury yields were seen as supportive for the Thai baht, Philippine peso, and Indian rupee, while technology-sector weakness and foreign outflows could weigh on the Korean won and Taiwanese dollar.
Cheaper oil can ease import bills and inflation pressures, supporting currencies in energy-importing Asian economies. A weaker won could raise the local cost of imported feed and other commodities for South Korean buyers.
fxstreet.comFXStreet Insights TeamNov 6, 2026Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
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.
