Dollar Under Pressure As Asian Currencies Soar on Trade and Tariff Shocks
A powerful wave of dollar selling across Asia has shaken global currency markets, led by Taiwan’s explosive 10% rally in just two days. The movement is now reverberating through South Korea, Singapore, China, Malaysia, and Hong Kong—suggesting a broad shift in investor sentiment. Analysts are calling the trend an “Asian crisis in reverse.” In contrast to the capital flight seen during the 1997–98 financial crisis, capital is now flowing back into Asia—marking a stark reversal in global money flows. Trump Tariffs Erode Faith Experts blame U.S. President Donald Trump ’s...