Although EURUSD is flat at 1.3627, weak building approvals data helped push AUDUSD down to 0.9265 and USDJPY pushed up to 102.03. Most EM Asia currencies weakened slightly against the dollar. USDIDR gapped on the open and is at 11,735, Intervention helped push USDKRW up to 1024.3. USDMYR rose to 3.2245 while USDINR is stable at 59.1325.
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Credit Suisse