From Barchart: 2025-06-18 07:26:00

Most Asian currencies remained steady amidst Israel‑Iran tensions and U.S. trade tariff uncertainty. The dollar weakened slightly before the Fed’s policy decision. Geopolitical risks and weak U.S. data drove currency fluctuations, while impending tariff deadlines weighed on export‑dependent currencies like the yen and Australian dollar.

Key factors influencing currency movements include the ongoing Israel‑Iran conflict, expectations of a dovish Fed tilt, and uncertainty surrounding U.S. trade tariffs. South Korean won and Taiwan dollar strengthened, while the Indian rupee remained stable. Investors are closely monitoring the PBOC rate decision, Fed statement, and trade policy updates for future market direction.



Read more at Barchart:: Asian Currencies Rangebound as Middle East Tensions and Fed Meeting Weigh