© Reuters.
Investing.com– Most Asian currencies moved in a tight range on Monday as market holiday across most of the region kept trading volumes limited, while the dollar fell slightly before key inflation data due this week.
Chinese, Singapore, South Korean and Hong Kong markets were closed for the Lunar New Year holiday, while Japanese markets were closed for memorial day.
This saw most regional currencies clock limited moves, while anticipation of the U.S. inflation reading also kept traders averse to risk-heavy currencies.
The fell 0.1% in offshore trade, while the fell 0.1%. The also lost 0.1%.
The was flat before key (CPI) inflation data due on Tuesday. The reading is expected to show inflation remaining sticky, and comes just days after the Reserve Bank of India said it will remain hawkish to keep inflation in check.