Currencies in Emerging Asia Gain on Dovish Fed Bets, Trade Hopes

Currencies in Emerging Asia Gain on Dovish Fed Bets, Trade Hopes

The rupiah and won led gains in currencies across emerging Asia on Friday, with expectations of Federal Reserve policy easing keeping the greenback on the back foot.

U.S. Dollar Remains Under Pressure, While Asia Pacific Currencies Lead The Charge (DXY) - Seeking Alpha

.rssg-titlesonly { border-bottom: 1px solid #dadada; margin-bottom: 20px; padding-bottom: 20px; } .rssg-title { font-size: large; font-weight: 700; line-height: 1.2; margin-bottom: 3px; } .rssg-source-date { font-size: small; } U.S. Dollar Remains Under Pressure, While Asia Pacific Currencies Lead The Charge (DXY) - Seeking Alpha • May 16, 2025, 10:28 am GOLD GO UP TO 3325 • May 16, 2025, 7:56 am

Asian emerging currencies are beginning to attract global investors again, driven by a combination of economic stimulus in China, the weakening of the US dollar and positive signals in trade negotiations between Asia and the United States. South Korean won, Indonesian rupee and Indian rupee are among the most depreciated emerging currencies in relation to their historical average, according to data collected by Bloomberg. This historical underva…