From Financial Modeling Prep: 2025-06-09 08:24:00

Asian currencies rose slightly on Monday as the U.S. dollar weakened before crucial U.S.-China trade talks. The Chinese yuan stayed stable despite weak economic data, showing cautious optimism among regional currencies.

The U.S. Dollar Index dropped 0.2% in Asian trading, hinting at potential volatility ahead of key events. Investors are monitoring trade discussions in London between U.S. officials and China’s Vice Premier to build on last month’s trade truce.

While regional currencies like the Singapore dollar and Indian rupee dipped, the Australian dollar saw a 0.3% increase. Traders are awaiting the U.S. CPI inflation report this week, balancing geopolitical stability hopes with economic uncertainties.

As traders navigate trade talks and inflation risks, the U.S. CPI release will impact Fed rate expectations and market sentiment. Keep an eye on the Forex Daily data for currency trends and the Economics Calendar for upcoming macroeconomic updates.



Read more at Financial Modeling Prep:: Asian Currencies Edge Higher as Dollar Slips Ahead…