Asian Currencies Rise as Dollar Weakens and Oil Prices Fall

Reported about 13 hours ago

The US dollar weakened, causing Asian currencies to appreciate, most notably a significant surge in the Taiwanese dollar, driven by factors such as trade uncertainty and OPEC+ production increases. Meanwhile, US stock futures dropped amid fears of market instability due to ongoing trade negotiations and potential tariff changes. Investors are closely monitoring central bank responses to currency fluctuations.

Source: YAHOO

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