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After Democrats won control of both chambers in the U.S. midterm elections, the won weakened as concerns about AI investment and foreign selling of South Korean equities outweighed expectations of a stronger won. Analysts saw a near-term USD/KRW ceiling of 1,370–1,380 and said the rate could fall again if foreign selling eases.
Foreign equity outflows increase demand for dollars and push USD/KRW higher, raising the won cost of dollar-priced feed imports. A pause in those outflows and renewed exporter dollar sales could reverse the pressure.
etoday.co.krNov 9, 2026Not 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.
