Asian FX Update

A VOLATILE WEEK STILL NOT OVER AS NFP LOOMS
• Disappointment on NFP risks driving additional USD selling.
• Asia rebound this week still fairly restrained when placed in the context of the G‐10.
• USDCNY fixes to a new low; the renminbi trades towards the centre of its band.
• Malaysian trade disappoints on strong domestic demand; MYR still constructive on economy.

Read the full report: FX Daily

 

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