The Global Macro Pulse

The USD weakened slightly. USDJPY dipped to 114.09, EURUSD edged higher to 1.2486 and AUDUSD rose to 0.8679. EM Asia currencies rallied vs. the USD, led by a 0.8% gain in the KRW to 1084.35 and a 0.5% rally in the MYR to 3.3295. USDCNY fixed 225pips lower to 6.1377, its lowest level since mid-March.

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