A man walks in front of a stock quotation board showing the Nikkei share average outside a brokerage in Tokyo, Japan, Jul 2, 2025. REUTERS/Kim Kyung-HoonA man walks in front of a stock quotation board showing the Nikkei share average outside a brokerage in Tokyo, Japan, Jul 2, 2025. REUTERS/Kim Kyung-HoonAsian stocks slipped on Wednesday and the dollar languished near 3-1/2-year lows as investors weighed the prospect of US interest rate cuts and the scramble for trade deals ahead of President Donald Trump's Jul 9 deadline for tariffs. The fiscal worries, trade uncertainties and the US rate path trajectory have all led investors to flee US assets and look for alternatives. The dollar index =USD, which measures the US currency against six rivals, was at 96.649, near its lowest since March 2022.
