Asian Currencies Mixed as Taiwan Dollar and Thai Baht Slightly Strengthen
Executive Summary
Key insights and market outlook
On Monday (5/1/2026), Asian currencies showed mixed performance against the US dollar. The Taiwan dollar strengthened by 0.10% to 31.389 per USD, while the Thai baht rose 0.13% to 31.460 per USD. Conversely, most other Asian currencies weakened, with the Japanese yen falling 0.12% to 157.000, Singapore dollar dropping 0.16% to 1.288, and South Korean won declining 0.21% to 1,447.7 per USD.
Deep Dive Analysis
Asian Currency Market Shows Mixed Performance on Monday
Currency Movements Against USD
The Asian currency market displayed a mixed performance against the US dollar on Monday, January 5, 2026. The Taiwan dollar and Thai baht recorded slight gains, while most other major Asian currencies depreciated. According to Reuters data at 02:12 GMT, the Taiwan dollar appreciated by 0.10% to 31.389 per USD. Similarly, the Thai baht strengthened by 0.13% to 31.460 per USD.
Weakness in Other Asian Currencies
In contrast, several other Asian currencies showed weakness against the greenback. The Japanese yen depreciated by 0.12% to 157.000 per USD. The Singapore dollar lost 0.16% to trade at 1.288 against the USD. The South Korean won was down 0.21% at 1,447.7 per USD.
Market Context
The mixed performance in Asian currencies reflects the ongoing dynamics in global financial markets. The US dollar's strength has been a significant factor influencing currency movements in the region. Investors are closely monitoring economic indicators and central bank policies that could impact currency valuations in the coming days.
Source References
Story Info
Topics Covered
Key Events
Asian Currency Fluctuations
USD Strengthening