Asian currencies mostly strengthened against the dollar in the morning session amid Fed rate-cut prospects. ...

Core Insights - Asian currencies have shown consolidation against the US dollar, indicating a potential stabilization in the region's currency markets [1] - The prospect of Federal Reserve rate cuts may provide support for Asian currencies, suggesting a favorable outlook for currency performance [1] Currency Market Analysis - The consolidation of Asian currencies against the dollar reflects a broader trend in the foreign exchange market [1] - Potential rate cuts by the Federal Reserve could lead to increased investor confidence in Asian currencies, enhancing their attractiveness [1]