AUDUSD has stolen the FX show, dropping 1.2% to 0.8813 following the employment report. EURUSD has bounced off of its lows to 1.3618 while USDJPY rose to a high of 104.92 before edging down to 104.71. Most EM Asia currencies have weakened very slightly against the dollar with the largest moves being 0.3% drops in the IDR and MYR. USDKRW opened higher to 106.55 but has retraced to 1063.28. USDCNY fixed 60pips higher to 6.1065.
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Credit Suisse