The dollar is broadly stronger today except against the AUD. AUDUSD has risen to 0.9352. However, EURUSD has dipped to 1.3796 and USDJPY is up at 102.64. All EM Asia currencies have softened today, led by a 0.5% drop in the IDR to 11,513 to the dollar and a 0.4% fall in the MYR to 3.264. USDKRW traded as high as 1041.93 before settling at 1040.17. USDCNY fixed 19pips higher to 6.161 pushing USDCNH to 6.2350 and the 1y NDF to 6.2680.
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