The USD strengthened against the G10 in Asia. The NZDUSD was the main developed currency mover, dropping 0.6% in response to weak house sales in July. AUDUSD traded sideways at 0.9262, ignoring a rise in the NAB Business Confidence index to its highest level in 10 months. EURUSD drifted lower to 1.3373 while USDJPY rose to 102.31. In contrast, most EM Asia currencies were flat today with USDKRW at 1029.25, USDMYR at 3.1955, and USDTWD at 30.007. The USDCNY fix dipped 5bps to 6.1517.
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