Market News

    Asia FX muted with focus on more Iran talks, dollar steadies after soft PPI

    Asian currencies kept to a tight band on Wednesday as markets sought more cues on extended ceasefire talks between the U.S. and Iran, while soft U.S. inflation data released overnight provided some relief. 

    The dollar rose marginally in Asian trade after falling for seven consecutive sessions, as hopes for an Iran ceasefire sapped the greenback of some safe haven demand, as did cooling inflationary concerns. 

    Source : Investing.com