Asia Open - Overnight Highlights

EMERGING ASIA

EM currencies are trading individually against the greenback post Thanksgiving. The biggest winners are PHP 0.26%, followed by THB 0.13%, CNY 0.07%, CNH & SGD 0.05%; while the biggest losers are KRW 0.32%, TWD 0.22%, INR 0.17%, HKD 0.08% and MYR 0.03%.

USD/CNH is trading lower at 7.0708 from 7.0744 previously closed. Onshore spot market is trading lower at 7.0745 from 7.0795 closed before the national holiday. 12 month NDF followed both the on/offshore market and is trading lower at 6.9364 from 6.9390 previously closed.

USD/IDR spot market is trading higher at 16660 from 16643 previously closed. 1 month NDF is trading higher at 16653 from 16643 previously closed.

USD/INR onshore spot market is trading higher at 89.45 from 89.30 previously closed. 1 month NDF is trading lower at 89.52 from 89.53 previously closed.