FX majors mostly treaded water ahead of tonight’s NFP. AUD popped higher to 0.7859 initially post the RBA statement on monetary policy before moderating to 0.7820. EURUSD and USDJPY both edged marginally lower to 1.146 and 117.3. MYR led gains in EM Asia FX, up 0.6% to a three-week high of 3.552 to USD. The PBoC fixed USDCNY sharply lower to 6.1261 from 6.1366, driving USDCNY spot and USDCNH lower. INR opened largely unchanged at 61.73.
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