Asian currencies consolidate against the dollar as traders assess a potential U.S.-Iran deal to end the conflict. A 60-day cease-fire framework awaits President Trump's approval, with OCBC Group Research noting this represents a moderation in geopolitical risk rather than a full risk-on shift in markets.

The U.S. dollar shows mixed performance against Asian currencies, rising 0.2% against the won at 1,499.60 while remaining steady against the Singapore dollar at 1.2756. The dollar has fallen 0.1% against the New Taiwan dollar to 31.365, reflecting the nuanced market response to the developing diplomatic situation.

Currency markets remain cautious as traders weigh the potential impact of any breakthrough in U.S.-Iran relations. The modest movements suggest investors are balancing optimism about reduced tensions against uncertainty about the deal's ultimate implementation and sustainability.