G10 FX rates are largely unchanged in Asian trading ahead of US payrolls with EURUSD at 1.3858, AUDUSD at 0.9084 and USDJPY at 102.93. In contrast, most EM Asia currencies have rallied against the dollar, led by a 0.5% rise in the IDR to 11,430 to the dollar. USDIDR traded as low as 11,364. Other Asian currencies are 0.1-0.2% stronger with USDKRW trading 1062.88 and USDINR at 61.0163, However, USDMYR is flat to its open and USDTHB is slightly higher. China fixed USDCNY 48 pips lower to 6.1201.
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Credit Suisse