EURUSD has rallied to 1.3594, but AUDUSD is flat at 0.9125 and USDJPY is marginally higher at 101.45. EM Asia FX is mixed with the high yielders rallying. USDIDR and USDINR have dipped to 11,700 and 62.325 respectively in response to lower US yields. However, USDKRW and USDMYR have bounced to 1060.45 and 3.2242 respectively.
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Credit Suisse
