FX Highlights
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March 21, 2025 12:00 AM UTC
EMERGING ASIA
EM currencies perform individually against the USD as the global market remains choppy after round of European central banks decision. The biggest winners are IDR by 0.3%, followed by MYR 0.24%, PHP 0.13%, TWD 0.1% and INR 0.09%; while the largest losers are SGD 0.31%, CNH & KRW 0.29%,
March 19, 2025 11:08 AM UTC
The USD gained some ground against the riskier currencies through the European morning, primarily due to concerns around developments in Turkey, where Turkish authorities have detained the mayor of Istanbul, one of Erdogan’s main rivals, on charges including corruption and aiding a terrorist group
March 19, 2025 12:00 AM UTC
EMERGING ASIA
EM currencies perform individually against the USD as the global market remains choppy. The biggest winners are INR by 0.27%, followed by THB 0.11%, TWD 0.04% and CNY 0.01%; while the largest losers are KRW 0.48, IDR 0.15%, SGD 0.03% and CNH & PHP 0.01%.
USD/CNH is trading higher at 7.22
March 17, 2025 5:14 AM UTC
USD opened higher on Monday
US Treasury Secretary Bessent's comment not comforting
Zhejiang trade-in subsidy program offering up to 15,000 RMB for new electric vehicle (EV) purchases and 13,000 RMB for gasoline-powered cars
Shenzen announced eased housing finance rules
March 17, 2025 12:00 AM UTC
EMERGING ASIA
EM currencies perform mostly stronger against the USD as risk sentiment recovers on the last trading day of the week. The biggest winners are IDR by 0.46%, followed by THB 0.29%, PHP 0.18%, CNH & KRW 0.14%, SGD 0.13%, CNY 0.08% and TWD 0.02%; while the largest losers are MYR 0.22% and H
March 14, 2025 11:08 AM UTC
EUR/USD gained half a figure late in the European morning on news that the German government collation had reached agreement with the Greens on the debt package, allowing the fiscal boost from defence and infrastructure spending to be passed.
March 14, 2025 12:00 AM UTC
EMERGING ASIA
EM currencies perform individually against the USD as market participants are getting numb towards the drastic changes in tariff daily. The biggest winners are THB by 0.26%, followed by INR 0.24%, IDR 0.12% and PHP 0.02%; while the largest losers are KRW 0.25%, SGD 0.22%, MYR 0.19%, C
March 12, 2025 5:12 AM UTC
Sentiment calmer on Wednesday
Trump's steel and aluminum tariffs take effect
Canada warns of oil export restrictions to U.S.
Bank of Japan Governor Ueda says higher long term rates reflecting market views on economy
Japan’s Major Firms to Offer Strong Wage Hikes
March 12, 2025 12:00 AM UTC
EMERGING ASIA
EM currencies perform mostly stronger against the USD as the greenback chops around on Trump's tariff policy changes. The biggest winners are CNH by 0.51%, followed by CNY 0.41%, PHP & SGD 0.29%, MYR 0.22%, INR 0.14%, TWD 0.11% and KRW 0.07%; while the largest losers are IDR 0.4%, THB 0
March 11, 2025 7:46 PM UTC
Overview - European currencies advanced in the European morning and sustained their gains in North America as Ukraine agreed to a 30-day ceasefire. North America saw the CAD and equites fall and subsequently rebound on tariff developments.
March 10, 2025 12:00 AM UTC
EMERGING ASIA
EM currencies perform mostly stronger against the USD as the greenback remains going back and forth on the ebb and flows of tariff headlines. The biggest winners are MYR by 0.31%, followed by THB 0.29%, INR 0.27%, PHP 0.24%, IDR 0.21%, SGD 0.17%, TWD 0.08% and HKD 0.01%; while the large
March 7, 2025 8:38 PM UTC
Overview -
European currencies advanced in the European morning before stabilizing in North America. US employment data produced a limited reaction but comments from Fed’s Powell subsequently lifted UST yields, equities and USD/JPY.
March 7, 2025 10:00 AM UTC
Trump Tariffs Bad for The U.S. Worse For Canada
U.S. February Non-Farm Payrolls to be Stronger than January, but slower than November and December
ECB Disinflation Still On Track But Policy now ‘Work in Progress’
Only Moderate Fiscal Stimulus for China
Germany Attempts to Unlock Debt Brake
March 7, 2025 12:00 AM UTC
EMERGING ASIA
EM currencies perform mostly weaker against the USD as the greenback remains back and forth on the ebb and flows of tariff headlines. The only winners are MYR by 0.09%, followed by PHP 0.03%; while the largest losers are THB 0.29%, INR 0.17%, SGD 0.15%, KRW 0.14%, TWD 0.12%, IDR & CNH 0
March 5, 2025 12:10 AM UTC
EMERGING ASIA
EM currencies perform mostly stronger against the USD as the greenback slumped against major currency on the back and forth of Trump's tariff negotiation tactic The biggest winner is THB by 0.98%, followed by CNH 0.68%, SGD 0.6%, CNY 0.33%, PHP 0.25%, IDR 0.21%, INR 0.1%, KRW 0.09%, HKD