# Won-Dollar NDF Falls 5.8 Won as Trump-Driven Oil Plunge Hits Markets

> The one-month won-dollar NDF ended at 1,340.2/1,340.6, implying a 5.8-won decline from the prior spot close. The move followed President Donald Trump’s remarks that a renewed attack on Iran might not be necessary, which sent WTI down 4.38% to $86.85 per barrel and weakened the dollar.

- Date: 2026-11-09 · published 2026-11-10T00:22:54.254Z
- Category: geopolitics · region Global · magnitude low
- Page: https://feedsoft.ai/events/90594-won-dollar-ndf-falls-5-8-won-as-trump-driven-oil-plunge-hits-markets
- Commodities: [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md), [Korean Won (KRW per USD)](https://feedsoft.ai/c/USDKRW.md)

## Why it matters

Lower oil prices can ease energy and freight costs for feed buyers, while a lower won-dollar rate reduces the local cost of dollar-priced imports. The reported currency and oil moves were tied to changing expectations about the Iran conflict.

## Read by commodity

- WTI: bearish ▼
- USDKRW: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WTI | 2026-03-23 | [Oil prices slide as Trump’s Hormuz ultimatum keep markets on edge](https://feedsoft.ai/events/11449-oil-prices-slide-as-trump-s-hormuz-ultimatum-keep-markets-on-edge.md) | +2.2% | -8.1% |
| WTI | 2026-04-08 | [Dollar falls as US-Iran ceasefire sparks relief rally for risk assets \| MarketScreener](https://feedsoft.ai/events/11160-dollar-falls-as-us-iran-ceasefire-sparks-relief-rally-for-risk-assets.md) | -18.9% | -8.3% |
| WTI | 2026-03-09 | [Oil Futures Fall As Market Looks for Shorter War - WSJ](https://feedsoft.ai/events/6631-oil-futures-fall-as-market-looks-for-shorter-war-wsj.md) | +8.5% | +25.0% |
| WTI | 2020-01-08 | [Oil prices plunge as Trump speech eases Iran fears \| CNN Business](https://feedsoft.ai/events/9660-oil-prices-plunge-as-trump-speech-eases-iran-fears-cnn-business.md) | -7.0% | -18.9% |
| WTI | 2026-08-04 | [CBOT grains, soybeans fall as oil drops on Iran hopes \| Stock Market News](https://feedsoft.ai/events/12807-cbot-grains-soybeans-fall-as-oil-drops-on-iran-hopes-stock-market-news.md) | +2.2% | +6.4% |

## Sources

- etoday.co.kr: https://www.etoday.co.kr/news/view/2646015

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