Asia FX edge lower, stocks range-bound as US inflation data in focus

ASIAN currencies inched down on Tuesday, while shares were range-bound after a loan survey showed credit conditions in the U.S. were less gloomy than expected, while investors also awaited U.S. inflation data for clarity on interest rate hikes.

The Philippine peso and Indonesian rupiah led the losses in the region, weakening 0.7% and 0.4% each, while the Malaysian ringgit and Singapore dollar slipped marginally.