Asian currencies consolidated against the dollar ahead of U.S. CPI data due later today.
The move came as investors remained cautious, with many opting to hold off on making significant currency bets until the inflation figures were released.
Market participants are closely watching the U.S. CPI data and its potential impact on the Federal Reserve's monetary policy direction.
Analysts note that the outcome could influence the near-term trajectory of the dollar and regional Asian currencies.
Source: Wall Street Journal Markets · Summarized by HeadlinesBriefing