Dollar under pressure as Asian counterparts charge higher

The US dollar struggled to gain ground on Tuesday as heightened volatility in the Taiwanese dollar extended to regional peers, signaling vulnerability in U.S. currency amid shifting global financial dynamics. Meanwhile, Hong Kong's quasi-central bank intervened to stabilize the local dollar, while China's yuan saw a rebound from a prolonged pause. Investors remain cautious ahead of potential progress in U.S.-China trade talks and await concrete signs of renewed cooperation following hints of tensions.