FX Regime Intelligence

FX Regime Intelligence

The move is broad: 4 of 9 Asian currencies strengthened against the dollar.

This page shows whether Asia is following one broad dollar move or breaking into different local stories.

01Chinese yuan+0.5%
02Indonesian rupiah+0.4%
03South Korean won+0.2%
04Taiwan dollar+0.2%
05Singapore dollar-0.3%
06Indian rupee-0.4%
Strongest currencyChinese yuan+0.5%
Weakest currencyPhilippine peso-2.0%
Currencies stronger4 of 9Against the US dollar, one month
Median move-0.3%The middle currency
Without the leader-0.5%Average of the other currencies
Best-to-worst gap2.5 pointsHow far the outliers sit apart
1M and 3M agree6 of 9One currency points the other way
Dollar index+1.4%The broad dollar barely moved
Common market linkNo strong common link+0.09 on a -1 to +1 scale
Coverage9 currenciesPrices through 2026-09-18

Ask this page.

Choose a useful question or type your own. The answer and chart use only the figures already checked for this page.

Choose a question to build a chart.

Current viewWaiting for a question

The chart will appear here.

A broad move—with local outliers.

4 of 9 currencies strengthened this month, so the regional direction is clear. The gap between the strongest and weakest still shows where local pressures differ.

Currency1 week1 month3 monthsDirection
Chinese yuan+0.1%+0.5%+1.1%Strengthening
Indonesian rupiah-0.9%+0.4%+0.7%Strengthening
South Korean won-2.8%+0.2%+9.9%Strengthening
Taiwan dollar-0.4%+0.2%-0.2%Strengthening
Singapore dollar-0.6%-0.3%+1.4%Weakening
Indian rupee-0.2%-0.4%-1.2%Weakening
Malaysian ringgit-0.3%-0.8%+1.7%Weakening
Thai baht-0.4%-1.3%-1.1%Weakening
Philippine peso-0.3%-2.0%-2.9%Weakening

Removing Chinese yuan leaves the remaining currencies at -0.5% on average. The conclusion survives without the winner.

Did another market move alongside it?

None of the broad market gauges moved closely enough with the currency basket to offer a strong common explanation.

US dollar index+0.01
Oil+0.01
Chip shares-0.07
Market fear+0.09

Research by for Charlie Quant Lab · Updated