Asia FX turns higher after dismal China trade data

SINGAPORE: Most emerging Asian currencies firmed on Friday as China's disappointing trade data raised hopes that Beijing will deliver more stimulus, while regional units headed for weekly losses amid mounting caution growing ahead of a key U.S. jobs data.

Most regional currencies started the day weaker as upbeat U.S. weekly jobless claims raised expectations of solid April employment data, which would support expectations for U.S. interest rate increases.

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