Asian currencies mixed as dollar holds near 157.73 yen
Asian currencies were mixed in early trading, with the U.S. dollar little changed at 157.73 yen and the Australian dollar up 0.1% at US$0.6938, according to LSEG data. The update followed an overnight selloff in U.S. technology stocks. Commerzbank Research analysts said the technology selloff appeared to reflect a reassessment of the AI investment outlook and positioning-driven liquidation.