Asian currencies saw significant gains against the US dollar on Monday as concerns about a potential US recession eased and expectations for a Federal Reserve rate cut in September grew. Goldman Sachs economists lowered the probability of a US recession in the next year to 20% from 25%, citing better-than-expected US retail sales and jobless claims data. This improved outlook has increased investor confidence that the Fed will reduce interest rates by 25 basis points at its September policy meeting. Indian Rupee hits two-week highThe Indian rupee rose to its highest level in nearly two weeks a…