G10 FX rates drifted sideways, with EURUSD at 1.340, AUDUSD testing its Friday highs at 0.9282, and USDJPY at 102.14. All Emerging Asia currencies appreciated against the USD today, led by a 0.9% rally in the IDR to 11,680. The KRW and PHP are up 0.5% each to 1031.25 and 43.913 respectively. USDCNY fixed 40pips lower to 6.1522, supporting further strength in CNY and CNH spot.
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