Ella 
109
During Asia morning trade, the US dollar’s ascent from Monday persists, exerting downward pressure on several major currencies. Key movements include declines in the AUD, NZD, EUR, GBP, CAD, CHF, and the yen, albeit to varying extents.
Notable Developments:
AUD/USD hits a 5-month low
EUR/USD reaches a 5-month low
GBP/USD touches a 5-month low
NZD/USD reaches its lowest point since November
JPY remains near 34-year lows
In the absence of fresh developments, the ongoing trend underscores the strengthening position of the US dollar against its counterparts. San Francisco Federal Reserve President Daly’s acknowledgment of the prevailing circumstances adds weight to the dollar’s momentum.
