Asian Currencies Gain As Dollar Weakens Before Fed: Markets Wrap

Asian currencies gained as the dollar sank to levels last seen four years ago as investors turned cautious toward the world's reserve currency amid unpredictable policymaking from Washington.The Malaysian ringgit, Thai baht and the South Korean won all appreciated in early Asian trading after the Bloomberg Dollar Spot Index slid to its lowest since February 2022 during the US session. The dollar steadied after its biggest fall since April. The greenback's decline had accelerated after President Donald Trump ...