Asia Open - Overnight Highlights

EMERGING ASIA

EM currencies perform individually against the USD as USD returned from Thanksgiving and choppy amid the last trading day for the week. The biggest winners are THB by 0.4%, followed by SGD 0.27%, TWD 0.18%, IDR 0.16%, PHP 0.09%, HKD 0.02% and CNH 0.01%; the largest loser are KRW 0.19%, MYR 0.05% and CNY 0.03%.

USD/CNH is trading higher at 7.2491 from 7.2499 previously closed. Onshore spot market is trading higher at 7.2460 from 7.2445 previously closed. 12 month NDF diverged from both the on/offshore market and is trading lower at 7.0715 compared to 7.0780 previously closed.

USD/IDR spot market is trading lower at 15848 from 15872 previously closed. 1 month NDF is trading lower at 15862 from 15881 previously closed.

USD/INR onshore spot market is trading unchanged at 84.49. 1 month NDF is trading higher at 84.69 from 84.61 previously closed.