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Major central banks enacted significant rate cuts in December, marking the largest easing push for 2024 since 2009.
The U.S. dollar trades near a one-week low, influenced by speculation over President Trump's tariff strategy and its potential economic impact.
The offshore yuan has fallen to a two-year low against the US dollar, increasing downward pressures on other Asian currencies amid global uncertainties.
The yuan reaches a two-year low as pressure mounts on Asian currencies due to a strong US dollar and uncertainties in global trade.
The U.S. dollar begins 2025 on a high note, while the yen approaches its lowest level in five months amid market uncertainties.
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