Asian currencies remained largely flat as traders awaited further US‑Iran ceasefire talks and soft US producer price index data.
US dollar index rose less than 0.1% after seven days of losses, supported by lower inflation expectations and safe‑haven demand easing.
Former Fed Chair Janet Yellen projected at least one Fed rate cut this year despite ongoing Iran war‑related inflation and economic uncertainty.
South Korean won stayed flat after BOK Governor Shin Hyun‑song signaled possible hawkish stance due to inflationary effects of the Iran war.