Asian currencies remain steady as markets watch geopolitical and monetary developments

From Financial Modeling Prep: 2025-06-25 09:05:00

Most Asian currencies held steady as traders awaited confirmation on the Israel-Iran ceasefire. Japanese yen dipped 0.1%, Chinese yuan remained flat, South Korean won weakened by 0.3%, while Singapore dollar and Indian rupee traded sideways. Geopolitical uncertainty and global monetary policy expectations kept investors cautious.

The Australian dollar stayed unchanged despite a softer May CPI reading, with headline CPI at a 7-month low and trimmed mean CPI hitting a 3-year low. Expectations of more rate cuts from the RBA rose, but the AUD failed to gain. The Economics Calendar API can help track central bank-driven currency moves effectively.

The U.S. dollar softened due to market speculation of a potential Fed rate cut in July and President Trump’s pressure on Fed Chair Powell for lower rates. Despite Powell’s cautious stance, dovish comments from Fed Vice Chair Bowman revived hopes for monetary easing. Currency markets in Asia are balancing geopolitical risks and monetary cues, awaiting clearer signals for potential directional moves.



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