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Investing.com- Most Asian currencies kept to a tight range on Friday, while the dollar was headed for a negative week ahead of key U.S. nonfarm payrolls data, which is expected to provide SINGAPORE - The U.S. dollar had a soft tone in early Asian trading on Friday after losing ground overnight to the euro and sterling on the back of U.S. data showing The stronger fix came as a simmering trade war with the U.S, doubts over more stimulus measures and increased tensions with Taiwan presented a wave of selling The U.S. dollar nurses losses after leading local currencies in Asia stabilized during Monday’s opening bell. The DXY index, which measures the performance of the USD shows the The dollar maintained declines as Asian emerging-market currencies played catch up, while bonds in the region climbed after mixed global manufacturing data reinforced Investing.com- Most Asian currencies moved little on Friday in anticipation of key U.S. payrolls data due later in the day, although growing expectations of interest rate cuts saw the dollar The dollar nursed losses in Asian trading on Thursday after declining sharply following the U.S. Federal Reserve's decision to halve its outlook for interest rate hikes The U.S. dollar had a soft tone in early Asian trading on Friday after losing ground overnight to the euro and sterling on the back of U.S. data showing further signs of a

U.S. Dollar Nurses Losses as Asian Currencies Find Stability

The U.S. dollar nurses losses after leading local currencies in Asia stabilized during Monday’s opening bell. The DXY index, which measures the performance of the USD, shows the dollar's vulnerability. The U.S. dollar had a soft tone in early Asian trading on Friday after losing ground overnight to the euro and sterling on the back of U.S. data showing further signs of a slowdown.

Asian Currencies Hold Steady

Investing.com- Most Asian currencies kept to a tight range on Friday, while the dollar was headed for a negative week ahead of key U.S. nonfarm payrolls data, which is expected to provide more clues about the Federal Reserve's next move. Investing.com- Most Asian currencies moved little on Friday in anticipation of key U.S. payrolls data due later in the day, although growing expectations of interest rate cuts saw the dollar weaken.

Factors Influencing the Dollar's Decline

SINGAPORE - The U.S. dollar had a soft tone in early Asian trading on Friday after losing ground overnight to the euro and sterling on the back of U.S. data showing a weakening economic outlook. The dollar nursed losses in Asian trading on Thursday after declining sharply following the U.S. Federal Reserve's decision to halve its outlook for interest rate hikes. This, coupled with mixed global manufacturing data reinforced concerns about a potential global economic slowdown.

Emerging Markets and Regional Bonds Benefit

The dollar maintained declines as Asian emerging-market currencies played catch up, while bonds in the region climbed after mixed global manufacturing data reinforced.

Geopolitical Tensions Add Pressure

The stronger fix came as a simmering trade war with the U.S, doubts over more stimulus measures and increased tensions with Taiwan presented a wave of selling pressure on the dollar.