Asian currencies are experiencing a notable appreciation against the U.S. dollar, described as an 'Asian crisis in reverse.' This trend has sparked discussions about a potential shift in Washington's trade negotiations, with speculation that U.S. dollar depreciation could become a central focus. Analysts warn of an impending 'avalanche' of currency selling, potentially involving $3.2 trillion, which could exert downward pressure on the greenback. The phenomenon is particularly evident in currencies such as the Hong Kong dollar. This wave of dollar selling signals a reassessment by Asia, a major export region, of its long-standing practice of investing large trade surpluses in U.S. assets. Bank of Canada Governor Tiff Macklem acknowledged the possibility of diversification away from the U.S. dollar, indicating that such a move would not be surprising amid these developments. The situation is being closely monitored as it may represent a broader monetary reset with implications for global currency markets.