Asian Currencies Under Pressure: US-China Talks, BOJ Rate Hike, and Yen’s Weakness

Global markets are closely watching the dynamics of Asian currencies as geopolitical events and central bank decisions continue to shape their performance. While several factors are contributing to a cautious mood in the region, the focus is particularly directed at the Japanese Yen, which has defied expectations despite the Bank of Japan’s (BOJ) signals of potential rate hikes. Let’s delve into the key forces driving this complex landscape.