Asia Open - Overnight Highlights

EMERGING ASIA

EM currencies are trading mostly individually against the greenback as market participants remain cautious on the last trading day of the week. The biggest winners are THB 0.59%, followed by TWD 0.14%, CNY 0.11%, CNH 0.1% and IDR 0.06%; while the biggest losers are KRW 0.3%, followed by INR 0.18%, MYR 0.1%, SGD 0.06% and PHP 0.04%.

USD/CNH is trading lower at 7.1813 from 7.1844 previously closed. Onshore spot market is trading lower at 7.1747 from 7.1817. 12 month NDF followed both the on/offshore market and is trading lower at 7.0073 from 7.0100 previously closed.

USD/IDR spot market is trading lower at 16297 from 16341 previously closed. 1 month NDF is trading lower at 16342 from 16353 previously closed.

USD/INR onshore spot market is trading higher at 86.15 from 86.08. 1 month NDF is trading higher at 86.28 from 86.17 previously closed.