• USD strength has weighed heavy on Asian currencies into the afternoon with significant moves across the region as US election news flow in and Trump's election victory odds improve.
• KRW is weaker now by 1.2% along with SGD weaker by 1.5% whilst MYR is weaker by 1.2% and THHB weaker by 1.12%.
• IDR has is down by 0.60% today, less than other higher beta currencies whilst CNH is weaker by 1%.
ASIA FX: Asian Currencies Taking Another Leg Lower Again Against the USD.
Last updated at:Nov-06 03:58By: Jamie Grant
Foreign Exchange+ 1
• USD strength has weighed heavy on Asian currencies into the afternoon with significant moves across the region as US election news flow in and Trump's election victory odds improve.
• KRW is weaker now by 1.2% along with SGD weaker by 1.5% whilst MYR is weaker by 1.2% and THHB weaker by 1.12%.
• IDR has is down by 0.60% today, less than other higher beta currencies whilst CNH is weaker by 1%.
