Asia Open - Overnight Highlights

EMERGING ASIA

EM currencies perform individually against the USD as the USD remains choppy amid Trump's barrage of executive orders. The biggest winners are KRW by 0.05%, SGD & TWD 0.04% and IDR by 0.03%; the largest loser are THB 0.57%, PHP 0.33%, MYR 0.18%, INR 0.15%, CNY 0.14%. CNH 0.09% and HKD by 0.01%.

USD/CNH is trading higher at 7.2877 from 7.2814 previously closed. Onshore spot market is trading higher at 7.2862 than 7.2762 previously closed. 12 month NDF followed both the on/offshore market and is trading higher at 7.1100 compared to 7.1040 previously closed.

USD/IDR spot market is trading lower at 16280 from 16285 previously closed. 1 month NDF is trading lower at 16235 from 16265 previously closed.

USD/INR onshore spot market is trading higher at 86.44 from 86.33 previously closed. 1 month NDF is trading unchanged at 86.70 than previously closed.