The USD strengthened further in Asia trading but largely against EM Asia currencies. USDJPY inched higher to 102.21 but EUR, GBP, and AUD were largely steady at 1.355, 1.696 and 0.934 respectively. Within EM Asia, IDR underperformed, weakening sharply above 12000 for the first time since February. USDINR opened 0.3% higher to 60.23 and USDMYR also gapped 0.4% higher to 3.234. The PBoC fixed USDCNY higher by 30pips to 6.1559.
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