Asia FX Slips; Aussie Set for Strong February, Yen Extends Losses
The Asia FX complex saw broad weakness as traders wrapped up the month of February. Most major Asian currencies drifted lower against the U.S. dollar on Friday, reflecting ongoing uncertainty about interest rates and central bank policy paths across the region. At the same time, the Australian dollar emerged as one of the strongest performers for the month, while the Japanese yen extended its slide amid questions over monetary policy direction in Japan.
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