The dollar is mixed against the G10, but stronger against most EM Asia currencies other than the INR. AUDUSD outperformed, rallying to 0.9062 while EURUSD is up marginally at 1.3786 after its sell-off in New York and USDJPY nudged lower to 102.35. In EM, the INR outperformed, rallying 0.5% against the USD to 61.035. In contrast, the KRW underperformed, rising 0.5% to 1081.7 followed by a 0.4% fall in the MYR at the open to 3.3102. USDCNY fixed 15pips higher to 6.1475, but USDCNY and USDCNH are slightly lower on the day.
Read the full report: Market Research
Credit Suisse