The Global Macro Pulse

The dollar has weakened slightly across the board against EM Asia FX, with the exception of the politics burdened THB. USDIDR and USDINR have fallen about 0.3% and 0.2% respectively to 11,935 and 62.3075, the latter helped by better-than-expected Q3 GDP growth. USDKRW dropped to a low of 1056.69 where it met official resistance that pushed it back to 1057.80. The THB stands out, having weakened 0.5% against the USD to 32.195. USDCNY fix was broadly stable at 6.1329.

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