#FX #inflation
Asia's emerging market currencies largely held steady Tuesday, as traders adopted a cautious approach ahead of US inflation data this wk for clues on the Fed's tapering timeline.
Stock markets, on the other hand, were a mixed with Indonesian shares
falling 0.8% on concerns over a spike in COVID-19 cases in some parts of
the country, while Malaysian and Philippine shares rose around
0.5%.
Asia-Pacific FX Vs USD
COUNTRY FX RIC FX
Japan -0.19 -5.67 -0.19 5.54
China +0.09 +2.15 -0.67 2.95
India -0.05 +0.31 -0.14 12.50
Indonesia +0.00 -1.54 -0.81 0.69
Malaysia +0.15 -2.43 0.48 -2.53
Philippines -0.08 +0.67 0.68 -4.62
S.Korea -0.12 -2.51 -0.13 13.03
Singapore -0.02 -0.18 -0.10 11.57
Taiwan +0.06 +2.84 -0.05 15.91
Thailand -0.03 -3.94 -0.09 11.16
Have a healthy day, Keep the Faith!
