Asian currencies were rangebound against the dollar in early trade, supported by cooling market expectations for Fed rate hikes, which can reduce the appeal of US fixed‑income assets. ANZ research said a softer‑than‑expected US September jobs report

2026-10-05

Asian currencies were rangebound against the dollar in early trade, supported by cooling market expectations for Fed rate hikes, which can reduce the appeal of US fixed‑income assets. ANZ research said a softer‑than‑expected US September jobs report gives the FOMC more time to assess before further policy moves. ANZ added senior Fed officials have signaled no need to rush and markets have sharply trimmed odds of an October rate increase.