# Won Slides Back to 1,360s on Surprise US Jobs Data, December Rate Hike Speculation Resurfaces

> The won weakened to 1,363 per dollar after stronger-than-expected U.S. employment data lifted the dollar. October payrolls rose by 165,000 against expectations of 65,000, while the unemployment rate fell to 4.1%, reviving speculation of a December Federal Reserve rate hike.

- Date: 2026-11-07 · published 2026-11-07T03:27:10.479Z
- Category: macro · region South Korea · magnitude low
- Page: https://feedsoft.ai/events/85489-won-slides-back-to-1-360s-on-surprise-us-jobs-data-december-rate-hike
- Commodities: [Korean Won (KRW per USD)](https://feedsoft.ai/c/USDKRW.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A stronger dollar and weaker won raise the local-currency cost of dollar-priced feed imports for South Korean buyers.

## Read by commodity

- DXY: bullish ▲
- USDKRW: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2022-06-10 | [Rand slumps almost 3% as hot US inflation data backs case for Fed rate hikes \| News24](https://feedsoft.ai/events/41269-rand-slumps-almost-3-as-hot-us-inflation-data-backs-case-for-fed-rate-hikes.md) | +1.5% | +3.7% |
| DXY | 2023-04-21 | [US dollar flat to modestly higher as upbeat data backs May rate hike](https://feedsoft.ai/events/36297-us-dollar-flat-to-modestly-higher-as-upbeat-data-backs-may-rate-hike.md) | +0.3% | +0.8% |
| DXY | 2026-09-14 | [Copper Slips as Inflation Data Raises Bets on Fed Hiking Rates - Bloomberg](https://feedsoft.ai/events/17392-copper-slips-as-inflation-data-raises-bets-on-fed-hiking-rates-bloomberg.md) | +1.1% | +2.9% |
| DXY | 2024-01-29 | [USD/IDR drifts higher to 15830, focus on Fed rate decision, Indonesian inflation data — Octa](https://feedsoft.ai/events/32447-usd-idr-drifts-higher-to-15830-focus-on-fed-rate-decision-indonesian-inflation.md) | +0.2% | +0.4% |
| DXY | 2026-06-24 | [US dollar strengthens to 13-month high on Fed rate hike expectations \| Reuters](https://feedsoft.ai/events/11985-us-dollar-strengthens-to-13-month-high-on-fed-rate-hike-expectations-reuters.md) | -0.1% | -0.4% |

## Sources

- en.infomaxai.com: https://en.infomaxai.com/news/articleView.html?idxno=147463

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