The USD weakened marginally against majors. EUR edged higher to 1.3770, USDJPY traded down to 102.95, while AUD stayed in a tight range of 0.893 to 0.896. NZD strengthened steadily to 0.829, pushing AUDNZD below 1.08 for the first time since 2005. In Asia EM, INR and IDR fell 0.4% and 0.2% to 62.0 and 12120 respectively, while others are mostly treading water. The PBoC moved USDCNY fix lower for a second consecutive session to 6.1108.
Read the full report: Market Research
Credit Suisse
