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Rising Asian Currencies Signal Shift Away from Dollar Dominance

Asian currencies are surging against the US dollar, led by Taiwan’s currency which recently jumped 10% in just two days. This trend is spreading across Singapore, South Korea, Malaysia, China, and Hong Kong.

The movement signals a major shift as Asian export nations reconsider their long-standing practice of investing trade surpluses in US assets.

Analysts call this an “Asian crisis in reverse,” contrasting with the 1997-1998 period when Asian currencies collapsed. President Trump’s aggressive tariffs have triggered this change by undermining confidence in US assets and disrupting traditional trade dollar flows.

Trading volumes have been so heavy that some markets report difficulty executing trades due to overwhelming dollar selling.RetryClaude can make mistakes. Please double-check responses.

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