EURUSD and AUDUSD have failed attempts to rally and are close to their Asia opens at 1.3099 and 0.9212 respectively. USDJPY has continued to rally, pushing up to 98.53. USDCNY fixed 41pips higher to 6.1807, a fifth consecutive rise. Most USD-Asia pairs are slightly higher today with USDKRW at 1158.3, but the MYR stood out, weakening 0.5% to 3.2180 where it seems to have met Bank Negara intervention.
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Credit Suisse