The U.S. dollar faced pressure as Asian currencies surged, a phenomenon described as an 'Asian crisis in reverse,' according to Reuters. This shift was attributed to investors awaiting U.S. trade deals, which have been a focal point amid ongoing tariff negotiations. A Reuters poll indicated growing concerns among foreign exchange strategists about the U.S. dollar's status as a safe haven, with 46 out of 83 expressing worry compared to 19 out of 51 in the previous month's poll. The poll also projected the euro to trade at $1.13 in three months, rising to $1.14 in six months and $1.16 in a year. Despite the pressure, the dollar managed to recover some losses, supported by optimism around potential tariff deals. Stocks also saw gains as traders focused on these developments. In Brazil, the dollar opened higher amid expectations of interest rate decisions and tariff agreements, with the Brazilian real trading at R$ 5,7115.