The Japanese yen and Swiss franc have strengthened as investors seek safe-haven assets amid growing concerns over the DeepSeek situation and tariff implications. The US dollar has experienced a decline, reflecting a shift in risk appetite among traders. The currency markets are currently jittery as traders navigate the uncertainties surrounding DeepSeek and tariff-related issues, leading to a cautious approach in Asia. The British pound has also slipped as jitters over US tariffs persist, further complicating the trading environment.