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BTCC / BTCC Square / Global Cryptocurrency /
Asian Currencies Face Pressure as Trump’s Tariffs Strengthen US Dollar

Asian Currencies Face Pressure as Trump’s Tariffs Strengthen US Dollar

Author:
Global Cryptocurrency
Published:
2025-07-08 16:10:01
13
2
BTCCSquare news:

Asian currencies rallied against the US dollar in Q2 2025 as markets recoiled from trade war fears, sending the DXY index to a three-year low of 96.20. The Indian rupee, Chinese yuan, and Japanese yen outperformed the greenback, rewarding forex traders who shorted USD.

The calculus shifted abruptly with Trump's new 25% tariffs on Japan and South Korea. The DXY rebounded to 97.57, signaling renewed strength for the dollar. Phillip Wool of Rayliant Global Advisors warns Asian currencies may now weaken, with Japanese automakers particularly vulnerable to rising costs.

|Square

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