Weaker than expected GDP growth pushed AUDUSD down to 0.8405. EURUSD and USDJPY are flat at 1.2383 and 119.21 respectively. All EM Asia currencies have weakened against the USD save the CNY and the PHP. The KRW has underperformed, falling 0.6% to 1112.75, followed by a 0.4% depreciation of the MYR to 3.4395. USDCNY fixed 51 pips higher to 6.1376, but USDCNY and USDCNH are essentially flat.
Read the full report: Market Research