In G10, EUR and JPY were both flat to Friday’s NY close around 1.252 and 109.6 respectively. AUD was the only notable mover in G10 this morning, up 0.2% towards 0.87. NZD shrugged off National’s loss of an outright majority and traded unchanged on the day. In EM Asia, USDKRW gapped 0.6% higher on the open to 1068, responding to the move higher in USDJPY in NY Friday. JPYKRW is essentially back to its pre payroll level of 9.748.
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