Emerging Asian currencies turned to losses on Monday after a strong U.S. payrolls report bolstered the dollar, while the Chinese yuan steadied after weekend data showed the country’s exports had picked up unexpectedly. The baht led losses among broadly lower Asian currencies, skidding as much as 0.7%, while the yuan mostly traded flat, with some inclination towards upward movement. Stocks in Shanghai gained 0.2%. U.S. labor market data on Friday defied recession fears.Jobs growth surged unexpectedly in July, bolstering the case for more super-sized hikes in interest rates by the Federal Reserve and in turn sending ... (full story)