Emerging Asian currencies gained on Monday as a weaker US dollar supported regional markets, with Taiwan and Thailand leading gains. Investors also assessed Japan’s slower growth, Malaysia’s inflation data and upcoming Bank Indonesia policy decision, while Middle East tensions and shifting US rate expectations remained key factors for regional markets.
Emerging Asian currencies gained on Monday as a weaker US dollar supported regional markets, with Taiwan and Thailand leading gains. Investors also assessed Japan’s slower growth, Malaysia’s inflation data and upcoming Bank Indonesia policy decision, while Middle East tensions and shifting US rate expectations remained key factors for regional markets.
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