Asian currencies weakened on Monday as the US dollar rose about 0.2% amid renewed US‑Iran tensions and safe‑haven demand.
US captured an Iranian vessel and Tehran closed the Strait of Hormuz, prompting expectations the cease‑fire expires Tuesday.
USD/JPY up 0.2%, USD/KRW up 0.6%, AUD/USD down 0.2%, while the Chinese yuan stayed near three‑year lows after the PBOC left rates unchanged.
Upcoming US retail sales data and Asian CPI/Trade data keep investors cautious ahead of the cease‑fire deadline.