Dollar Steady as Fed Nomination and Japanese Election Shape Currency Markets 
Asian Markets Wobble as AI Fears Rattle Stocks, Oil and Gold Rebound 
Fed Governor Lisa Cook Warns Inflation Risks Remain as Rates Stay Steady 
Australian Scandium Project Backed by Richard Friedland Poised to Support U.S. Critical Minerals Stockpile 
Japan Services Sector Records Fastest Growth in Nearly a Year as Private Activity Accelerates 
Asian Markets Slip as AI Spending Fears Shake Tech, Wall Street Futures Rebound 
U.S. Stock Futures Edge Higher as Tech Rout Deepens on AI Concerns and Earnings 
India Services Sector Rebounds in January as New Business Gains Momentum: HSBC PMI Shows Growth 
China and Uruguay Strengthen Strategic Partnership Amid Shifting Global Order 
South Korea’s Weak Won Struggles as Retail Investors Pour Money Into U.S. Stocks 
Australia’s December Trade Surplus Expands but Falls Short of Expectations 
Oil Prices Climb as Middle East Tensions and U.S. Inventory Data Boost Market Sentiment 
US-India Trade Bombshell: Tariffs Slashed to 18% — Rupee Soars, Sensex Explodes 
Japan’s Agricultural, Forestry and Fishery Exports Hit Record High in 2025 Despite Tariffs 
Trump Administration Sued Over Suspension of Critical Hudson River Tunnel Funding 
U.S. Stock Futures Edge Lower as Tech and AI Stocks Drag Wall Street Ahead of Key Earnings 
Gold Prices Slide Below $5,000 as Strong Dollar and Central Bank Outlook Weigh on Metals 
Asian currencies traded narrowly on Tuesday, while the U.S. dollar saw modest gains amid renewed trade tensions and global economic uncertainty. The dollar index rose 0.2% in Asian trading, recovering from prior losses, as risk appetite weakened due to geopolitical and economic concerns.
The Australian dollar led regional losses, with the AUD/USD pair falling 0.5%. Dovish signals from the Reserve Bank of Australia and weaker-than-expected Q1 data—including a sharp current account deficit—pressured the currency ahead of Wednesday’s GDP release. The RBA had already cut interest rates by 25 basis points in May, citing headwinds from global trade issues.
The Chinese yuan remained flat, with the USD/CNY holding around 7.1978. Offshore yuan edged down 0.1%, reversing Monday’s gains. Recent PMI data showed a contraction in China’s manufacturing sector, highlighting the impact of escalating U.S. tariffs. While a temporary tariff truce had been agreed in May, recent developments show talks stalling. U.S. President Donald Trump accused China of breaching the deal, while Beijing rejected the claim and criticized continued U.S. curbs on its chip industry.
Other Asian currencies also showed limited movement. The Japanese yen softened slightly, with the USD/JPY pair up 0.3%. The Singapore dollar and South Korean won each saw 0.2% increases against the dollar, with Korean markets partially closed for a presidential election. Meanwhile, the Indian rupee held steady ahead of a key Reserve Bank of India rate decision, where another 25 basis point cut is expected.
Overall, Asian forex markets remained cautious as traders weighed geopolitical risks, central bank actions, and the potential fallout from deteriorating U.S.-China relations. Currency volatility may rise if economic data continues to disappoint or trade tensions escalate further.
