Dull trade persisted across the region, with markets in United States, India, Indonesia, Philippines and Singapore closed on account of Easter holidays.
Weak numbers from the world's largest economy in the past few days have shown that the aggressive rate hike path adopted by the Fed had started to have a negative impact, which could potentially lead to a recession.
Economists polled by Reuters expect non-farm payrolls to have grown by 239,000 in March, following February's 311,000 gain, adding to signs of a cooler labour market. In Asia, Thailand's baht and the Chinese yuan led on the downside, dropping 0.2% and 0.1% respectively, even as the Taiwan dollar bucked the trend to rise about 0.2%.
"Central banks in the region are moving towards the end of their monetary tightening cycles, but driven by different motivating factors - slowing inflation or moderating growth," analysts from Barclays said in a note.
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