Asia Open - Overnight Highlights

EMERGING ASIA

EM currencies perform mostly stronger against the USD as the greenback continue to fall along Treasury Yields and the unwinding of USD/JPY longs. IDR saw the largest gains of 0.76%, followed by THB 0.72%, KRW 0.24%, CNH and SGD 0.23%, PHP 0.17%, CNY 0.14%, TWD 0.12%, INR 0.09% and MYR 0.03%.

USD/CNH is trading lower at 7.1172 from 7.1336 previously closed. Onshore spot USD/CNY is trading lower at 7.1293 from 7.1395 previously closed. 12 month NDF followed both the on/offshore market and is trading lower at 6.9266 compared 6.9410 to previously closed.

USD/IDR spot market is trading lower at 15436 from 15550 previously closed. 1 month NDF is trading lower at 15450 from 15554 previously closed.

USD/INR onshore spot market  is trading lower at 83.79 from 83.87 previously closed. 1 month NDF is trading lower at 83.84 from 83.91 previously closed.