G10 FX markets drifted sideways with EURUSD at 1.3677 and USDJPY up marginally to 101.62. A weaker-than-expected trade balance in Australia pushed AUDUSD slightly lower to 0.9460, down from straddling 0.95 overnight. In EM Asia FX the KRW and INR outperformed, but were met with official resistance to further appreciation. USDKRW fell to 1009.85 while USDINR dropped to 60.0375. In contrast, USDIDR nudged up to 11,933.
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