The dollar is similarly mixed. EURUSD has drifted down to 1.3646 and USDJPY is up to 101.77, but AUDUSD has recovered early losses to trade at 0.9243. In EM Asia, the KRW has pushed down to 1024.15 and the Indian rupee is slightly stronger at 58.423. The THB opened weaker, rising to a high of 32.608, but has recovered slightly to 32.51. The IDR has weakened further to 11,557. USDCNY fixed 23 pips higher to 6.16810, a new high for the year, reversing yesterday’s CNH rally.
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Credit Suisse