Most Asian currencies were steady vs the dollar on Friday morning as markets awaited U.S. data. UOB Global Economics and Markets Research said attention is on a run of releases including the University of Michigan preliminary consumer sentiment index to gauge U.S. household confidence, inf expectations and consumption resilience. UOB added that after this week’s sharp rise in long-term U.S. Treasury yields, investors will keep monitoring Treasury market dynamics and Fed officials’ remarks for po

Most Asian currencies were steady vs the dollar on Friday morning as markets awaited U.S. data. UOB Global Economics and Markets Research said attention is on a run of releases including the University of Michigan preliminary consumer sentiment index to gauge U.S. household confidence, inf expectations and consumption resilience. UOB added that after this week’s sharp rise in long-term U.S. Treasury yields, investors will keep monitoring Treasury market dynamics and Fed officials’ remarks for policy clues. At the time of reporting USD/JPY was up 0.07% at 157.98, USD/KRW down 0.08% at 1,341.28 and AUD/USD up 0.3% at 0.6974.