FX market was relatively quiet with no notable data releases in Asia time. The EUR was unchanged at 1.3717, while USDJPY edged only marginally higher to 102.51. China fixing gathered attention after the PBoC guided the fixing higher for the fourth time this week to 6.1176 and boosted USDCNY spot to 6.0899, just 0.45% below the fixing. Elsewhere in EM Asia, IDR, MYR and PHP have made marginal 0.2% to 0.3% gains, while KRW and SGD lost 0.1%.
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Credit Suisse