The USD drifted weaker in pre-Jackson Hole profit taking. AUDUSD has risen to 0.9313, EURUSD is at 1.3284, and USDJPY is steady at 103.80. In EM Asia the KRW and INR have outperformed, rallying to 1019.4 and 60.45 against the dollar respectively. The IDR is the third best performing, rising to 11,659 before stalling. USDCNY fixed 15 pips lower to 6.1617, but USDCNY and USDCNH are slightly higher on the day.
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