The Global Macro Pulse

USD broadly weakened during the Asia morning. EUR rose to 1.185, GBP rose to 1.518, and AUD rose to 0.818. USDJPY briefly fell towards 117.80 before recovering above 118.00. Among NJA currencies, USDKTW was lower intially, before recovering to 1080.2. MYR continued to lose ground as oil fell to new lows, with USDMYR rising towards 3.581. The PHP gained 0.2% to 44.81, while INR and IDR were both up 0.1%, to 62.09 and 12590 respectively. The PBoC fixed USDCNY 38 pips lower at 6.1195.

Read the full report: Market Research