Asia’s Currency Markets Brace for Uncertainty after Fed Shock

The financial world experienced a seismic jolt this week as the dismissal of a U.S. Federal Reserve Governor by former President [Name], has triggered widespread market uncertainty, particularly in the Asia FX market. This unexpected act raises critical questions about the independence of one of the world’s most influential central banks. The immediate ripple effect is being felt across global markets, particularly impacting currency valuations and investor sentiment. Here’s a breakdown of the initial reactions: