NZD led declines in G10 FX, down 0.5% to 0.781. AUDUSD resumed its downtrend to 0.858. AUDJPY broke below 101.50 as USDJPY fell to 117.9. EURUSD edged down to 1.242. Elsewhere, CNH rebounded to 6.1498 after yesterday’s sharp loss. The PBoC lowered the fix by 30pips to 6.1390. SGD was also up marginally, seemingly supported by the central bank. Both INR and IDR lost 0.1%.
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