#AIImpactOnForex Asian Currencies Rally, Boosting Regional Financial Services A rally in Asian currencies, led by the Taiwan dollar and followed by currencies from China, Hong Kong, Malaysia, Singapore, and South Korea, is strengthening Asian banks' wealth management and forex services. This shift is partly due to rising demand for local currency-denominated assets as investors move away from U.S. dollar assets amid heightened trade tariff uncertainties influenced by U.S. President Donald Trump's policies. Singapore’s DBS Group and United Overseas Bank report increased interest in wealth products as the stronger Singapore dollar enhances purchasing power.