EURUSD has outperformed, rising to 1.2620, AUSDUSD has edged up to 0.8752 and traded steady after an essentially unchanged RBA policy statement, and USDJPY has dipped to 109.06. In contrast, the USD has held up better against Emerging Asia currencies. USDKRW opened 0.5% down, but has clawed back most of its losses to trade at 1067.1. USDMYR has risen to 3.2622 and USDIDR is flat at 12,198 after yesterday’s public holiday. The INR has outperformed, rallying just over 0.3% to 61.3925 to the dollar.
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