Asian Currencies Consolidate Amid Falling Oil Prices

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0133 GMT - Asian currencies consolidate against the dollar. Crude oil prices are weakening amid a de-escalation of Middle East tensions and optimism that oil supplies from Saudi Arabia through the Red Sea could be restored within days, says Samer Hasn of XS.com in a note. Declining oil prices typically benefit these currencies as many countries in Asia are net oil importers. The dollar is 0.1% higher at 157.58 yen but 0.25% lower at 1,350.60 won, while the Australian dollar is flat at US$0.7110, LSEG data show.

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Crude oil prices are weakening amid a de-escalation of Middle East tensions and optimism that oil supplies from Saudi Arabia through the Red Sea could be restored within days, says Samer Hasn of XS.com in a note. Declining oil prices typically benefit these currencies as many countries in Asia are net oil importers. 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Crude oil prices are weakening amid a de-escalation of Middle East tensions and optimism that oil supplies from Saudi Arabia through the Red Sea could be restored within days, says Samer Hasn of XS.com in a note. Declining oil prices typically benefit these currencies as many countries in Asia are net oil importers. The dollar is 0.1% higher at 157.58 yen but 0.25% lower at 1,350.60 won, while the Australian dollar is flat at US$0.7110, LSEG data show.</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n</font>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"DRLL","symbol_name":"Strive U.S. Energy ETF","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2669217646","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2669217646","pubTimestamp":1790127180,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0133 GMT - Asian currencies consolidate against the dollar. 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