The Global Macro Pulse

EURUSD rose to 1.3399 from its overnight lows around 1.337, while USDJPY is at 102.77 after trading as high as 103.09. AUDUSD is steady at 0.9324. The dollar is stronger against most EM Asia except the CNY, but only very modestly so. USDKRW rose to 1026.15, USDMYR opened up at 3.1890 and USDINR climbed to 60.2175. The PHP and TWD opened weaker, but gradually recovered most of their losses. USDCNY is flat to its open at 6.1734 despite the fix rising 30 pips to 6.16750, its highest in almost two months.

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