0151 GMT - The dollar is expected to trade with a moderate upward bias versus Asian currencies on U.S. tariffs, though restrained by a relatively stable USD/CNY, Goldman Sachs's research team says in a report. GS notes the U.S. tariff announcements were more sweeping than expected. "Given the size (of) the tariffs, external environment and starting level, we think THB will be one of the most vulnerable currencies in Asia," the bank says. Also, "recent initiatives in Indonesia have raised investor concerns, and hence we think the IDR may continue to be under pressure," GS says. Other currency pairs such as USD/KRW, USD/TWD, USD/SGD and USD/MYR should also trade higher, it adds. (ronnie.harui@wsj.com)
(END) Dow Jones Newswires
April 03, 2025 21:51 ET (01:51 GMT)
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