Asian Currencies Flat as Strong Dollar Prevails
Asian currencies steady as strong U.S. inflation data supports a firm dollar; smaller Fed rate cut expected.
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Asian currencies steady as strong U.S. inflation data supports a firm dollar; smaller Fed rate cut expected.
Indian importers prefer FX options as rupee steadies and premiums rise, offering a cost-effective hedging strategy.
Asian currencies rise on positive US, China data, easing recession fears, while yen faces pressure amid improved risk appetite.
"Asian currencies dip as U.S. dollar strengthens; yen nears intervention level while Australian dollar rises on higher inflation data."
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Most Asian currencies remained stagnant as markets were closed for Lunar New Year holiday. Dollar declined ahead of key inflation ...
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