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Asian currencies gained as the dollar index weakened after President Trump announced a blanket 15% global import levy in response to a US Supreme Court ruling against his earlier tariffs. Analysts at Barclays said the 15% rate would be modest relief for India and several ASEAN economies.
Taiwan and South Korea stocks hit record highs.
A broad 15% levy replaces a legal tariff structure that was struck down, leaving trade flows uncertain but less severe for many Asian exporters. A weaker dollar tends to support commodity prices priced in USD and eases import costs for emerging markets.
reuters.comRoshan ThomasFeb 23, 2026After 39 past bearish trade events, DXY moved a median -0.4% over 5 sessions (26% higher; middle half -1.1% to +0.0%), and -0.8% over 20.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
