# [Foreign Exchange] U.S. 'Surprise Jobs' Push Won Back Into the 1,360s; December Rate-Hike Bets Gain Ground

> The won weakened against the dollar after U.S. employment growth in October reached 165,000, well above the 65,000 forecast, and unemployment fell to 4.1%. The stronger data lifted U.S. yields and the dollar, while markets increased bets on a possible Federal Reserve rate hike in December; USD/KRW briefly reached 1,365.

- Date: 2026-11-07 · published 2026-11-07T09:10:23.398Z
- Category: macro · region South Korea · magnitude low
- Page: https://feedsoft.ai/events/85798-foreign-exchange-u-s-surprise-jobs-push-won-back-into-the-1-360s-december-rate
- 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 higher U.S. yields can raise the cost of dollar-denominated feed and energy imports for South Korean buyers, although this article reports currency-market effects rather than a specific commodity move.

## Read by commodity

- DXY: bullish ▲
- USDKRW: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2024-02-20 | [Foreign exchange rate forecast to be under control in 2024](https://feedsoft.ai/events/31997-foreign-exchange-rate-forecast-to-be-under-control-in-2024.md) | -0.1% | -0.5% |
| DXY | 2017-11-03 | [British Pound Tanks Vs Euro, Dollar Exchange Rates After BoE Hike - ING Exchange Rate Forecast](https://feedsoft.ai/events/68239-british-pound-tanks-vs-euro-dollar-exchange-rates-after-boe-hike-ing-exchange.md) | +0.0% | -1.0% |
| DXY | 2019-02-28 | [Pound-to-Dollar Rate Retreats on U.S. GDP Growth Surprise](https://feedsoft.ai/events/60858-pound-to-dollar-rate-retreats-on-u-s-gdp-growth-surprise.md) | +0.8% | +1.0% |
| DXY | 2025-02-28 | [Tariff Threats and Korean Interest Rate Cut... KRW-USD Exchange Rate Rises Above 1450 Won for the First Time in Two Weeks](https://feedsoft.ai/events/26302-tariff-threats-and-korean-interest-rate-cut-krw-usd-exchange-rate-rises-above.md) | -1.5% | -1.3% |
| DXY | 2022-08-29 | [Won-Dollar Exchange Rate Surpasses 1,350 Won for the First Time in 13 Years and 4 Months... Hits Another Record High (Comprehensive) - The Asia Business Daily](https://feedsoft.ai/events/40283-won-dollar-exchange-rate-surpasses-1-350-won-for-the-first-time-in-13-years-and.md) | +0.6% | +4.4% |

## Sources

- news.einfomax.co.kr: https://news.einfomax.co.kr/news/articleView.html?idxno=4443601

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