The USD/KRW opened higher as markets reacted to President Trump's unprecedented pressure on the Fed, with speculation over Powell's dismissal and persistent inflation concerns fueling volatility; foreign inflows and exporter supply may temper further gains.
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[Shin Yoon-woo's FX Analysis] Fed Pressure Exceeds Limits
The USD/KRW opened higher as markets reacted to President Trump's unprecedented pressure on the Fed, with speculation over Powell's dismissal and persistent inflation concerns fueling volatility; foreign inflows and exporter supply may temper further gains.