Asian currencies showed resilience against the dollar in early trading as markets reacted to potential developments in U.S.-Iran negotiations. The dollar faced modest pressure as traders positioned for possible diplomatic progress that could ease Middle East tensions and reduce safe-haven demand for the U.S. currency.

Currency markets have been closely watching diplomatic channels between Washington and Tehran, with any signs of de-escalation potentially benefiting regional currencies. The U.S.-Iran talks represent a key geopolitical factor that could influence capital flows and risk sentiment across emerging markets. Traders are particularly focused on how diplomatic progress might affect oil prices and regional stability.

While the consolidation suggests cautious optimism, market participants remain wary of sudden reversals if talks falter. The interplay between diplomatic developments and currency movements highlights how geopolitical events continue to drive short-term trading decisions in Asian foreign exchange markets.