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Asian Currencies Muted as Dollar Struggles with Rate-Cut Bets
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Asian currencies muted as dollar struggles with rate-cut bets and sticky CPI. Chinese exports surge and CPI inflation picks up. Yuan rises, but weakens. Other Asian currencies weaken.
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How might the rate-cut bets impact the dollar's performance?
What are the potential implications of the weakening Asian currencies?
What factors are contributing to the mixed performance of the yuan?
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