The Currency analytics
By Bruce Buterin
The rupee surged hard. India and the US struck a major trade deal on February 3, sending the currency up 1.
Finance Minister Nirmala Sitharaman called the agreement a "significant milestone" that should boost exports in textiles and pharmaceuticals while strengthening economic ties…
The Reserve Bank raised rates by 25 basis points to 4.0%, pushing the Aussie dollar up 1.2% as traders scrambled to buy the currency.
But China's yuan stayed weak, weighed down by disappointing factory data from earlier this week.
Japan's yen slipped lower too. Investors are still trying to figure out what the Bank of Japan will do next after its recent policy meeting left more questions than answers about…
The Thai baht managed to edge higher though, getting a boost from China lifting travel restrictions that should bring more tourists back to Thailand.
Currency markets stayed pretty volatile overall. Geopolitical tensions and shifting central bank policies worldwide are keeping traders on edge, with most analysts expecting more…
And the India-US trade deal still needs final approval from both governments. The RBA's next moves are anyone's guess, while the Bank of Japan didn't say much about potential…
Singapore's dollar saw some choppiness on February 3 after the Monetary Authority decided to keep its current policy unchanged, citing stable inflation but worrying about slowing…
South Korea's won dropped 0.7% against the dollar following the Bank of Korea's decision to hold rates steady at 3.5%.
Malaysia's ringgit got a lift from rising oil prices. Brent crude climbed to $92 per barrel, which is good news for Malaysia since energy exports make up a big chunk of the…
The Philippine peso stayed under pressure, trading near three-month lows as the country's trade deficit keeps widening.
Indonesia's rupiah managed a small gain of 0.3% after Bank Indonesia kept rates at 5.75%. Governor Perry Warjiyo wants to support the recovery and boost domestic demand, so he's…
Vietnam's dong barely moved, staying stable while other regional currencies bounced around. The State Bank of Vietnam keeps talking about flexible exchange rates to help…
Turkey's lira slipped against the dollar to around 27.5 after January inflation came in at 48.5%, down slightly from December but still way too high.