Asia Open - Overnight Highlights

EMERGING ASIA

EM currencies perform mostly weaker against the USD with King Dollar triumphs against major pairs. The only winners are KRW & IDR by 0.03% and SGD by 0.02%; the largest loser are THB by 0.52%, PHP 0.50%, MYR 0.49%, CNY by 0.30%, CNH 0.24%, TWD 0.11%, IBNR 0.03% and HKD 0.02%.

USD/CNH is trading higher at 7.3583 from 7.3403 previously closed. Onshore spot market is trading higher at 7.3215 than 7.2994 previously closed. 12 month NDF followed both the on/offshore market and is trading higher at 7.1869 compared to 7.1634 previously closed.

USD/IDR spot market is trading lower at 16197 from 16198 previously closed. 1 month NDF is trading lower at 16230 from 16255 previously closed.

USD/INR onshore spot market is trading higher at 85.78 from 85.75 previously closed. 1 month NDF is trading lower at 86.02 from 86.07 previously closed.