Asian currencies were mostly unchanged against the U.S. dollar on Wednesday as investors awaited key U.S. inflation data that could shape expectations for the Federal Reserve’s next interest-rate decision. Meanwhile, rising oil prices and renewed tensions around the Strait of Hormuz added pressure to regional markets. A weaker-than-expected U.S. inflation reading could increase expectations for easier monetary policy and pressure the dollar, potentially supporting Asian currencies. Oil prices also remained a key concern for Asian markets. Higher crude oil prices could increase import costs and inflation risks across energy-dependent Asian economies, while continued U.S. dollar strength may add further pressure on regional currencies.