Asian Currencies Mixed; Disappointment Over U.S.-China Trade Truce May Weigh
Update: 2025-10-31
Description
Asian currencies remain cautious as US-China trade truce extended, highlighting ongoing trade tensions and uncertainty. Despite the truce, tariffs on Chinese goods have surged, keeping trade tensions high. The South Korean won edged lower, while the Chinese yuan stayed flat. Investors are on edge, awaiting any sign of real progress, but expectations are low due to the prolonged trade issues.
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