KRW trims gains vs USD to 0.1% after earlier 0.9% surge

The rapid unwind of the won's early gains points to fragile positioning and thin liquidity, where a single session can flip sharp moves. This volatility likely stems from broader shifts in risk appetite or dollar flows, rather than Korea-specific fundamentals. For market watchers, the key question is whether such intraday swings signal the start of a more sustained consolidation or just a temporary correction. The fact that the move reversed so quickly suggests traders are wary of chasing one-way bets, making near-term direction highly sensitive to headlines.