Dollar Weakens Sparking Asian Currency Gains

Asian currencies strengthened as the dollar slid to a four-year low, with the Bloomberg Dollar Spot Index hitting its lowest since February 2022. The decline accelerated after President Donald Trump said he was unconcerned about a weaker dollar, and the move comes ahead of the Federal Reserve’s interest-rate decision Wednesday. Markets also await megacap earnings, including Alphabet on Feb. 4, Amazon on Feb. 5 and Nvidia on Feb. 25.