News

11 Aug 2025

Asian currencies move little with focus on US-China trade

Most Asian currencies maintained a narrow range on Monday, with the focus firmly on the looming deadline for a US-China trade agreement, while the dollar held steady ahead of key inflation data due this week.

Regional markets received negative signals from weak Chinese inflation data over the weekend, which highlighted the ongoing pressure on Asia's largest economy. Trading volumes in the region were also lower due to a holiday in Japan.

US trade tariffs remained the main focus, having taken effect against a group of major economies last week. Also in focus were upcoming talks between Russia and the US this week, which could help determine tariff levels for India and China

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