G10 FX was more subdued, but AUDUSD and EURUSD drifted down to 0.9299 and 1.3369 respectively while USDJPY failed to hold an initial rally, dropping to 102.54, just below its Asia open. EM Asia currencies mostly weakened, led by 0.5% falls in the KRW, IDR, and INR to 1033.4, 11,753, and 61.13 to the dollar respectively. The USDCNY fix rose 26pips to 6.1681, but USDCNY fell to 6.1687, the closest to the fix it has traded since early March, while USDCNH dropped to 6.1677, its first day of trading below the fix since March.
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