The Global Macro Pulse

EURUSD held on to late NY gains at 1.315, USDJPY has weakened slightly to 104.8 post BoJ while the AUD edged marginally higher to 0.935, helped by better-than-expected trade data. Most EM Asian FX rebounded from yesterday’s fall, led by a 0.3% rise in the MYR and a 0.2% rally in the KRW. USDCNY and USDCNH fell as the PBoC fixed USDCNY 31pips lower to 6.1666. On the other hand, USDIDR rose marginally to 11765.

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