EUR edged higher from lows of 1.1286 to 1.1335, while GBP inched higher to 1.5258. NZD also crept higher to 0.7370, while AUD gapped lower, remaining at 0.7767 following weak Chinese import data released over the weekend. JPY also gained, with USDJPY down to 118.85. In EM Asia FX, KRW weakened 0.7% to 1097.10, together with INR, which also weakened 0.6% to 62.0975. The MYR was weaker, at 3.5612. The PBoC fixed USDCNY 50 pips higher at 6.1311 – USDCNY and USDCNH were both little changed at 6.2458 and 6.2515 respectively.
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