G10 FX is essentially flat. EURUSD is trading 1.2386, USDJPY is at 119.24, off of its lows, and AUDUSD is trading 0.8306. NZD is choppy around 0.77, as the dairy payout revision was largely in line with market expectations. The USD has weakened slightly against EM Asia currencies. USDKRW has dipped to 1103.4, USDMYR is at 3.4795 and the SGD and THB are stronger. USDCNY fixed 36pips lower to 6.1195. USDCNH traded at a high near 6.20 initially before moderating to 6.185.
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