Although AUDUSD has dipped to 0.9382, EURUSD has risen to 1.3894 and USDJPY is roughly flat at 101.65. Most EM Asia currencies are weaker vs. the dollar, except the KRW. The IDR is down 0.8%, to 11,453, where it met what appears to be offers from state banks. The MYR and INR are 0.4% weaker. In contrast, after opening marginally higher USDKRW has fallen 0.4%, to 1036.1. USDCNY fixed 15pips lower, to 6.1495.
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Credit Suisse