Currencies diverged in Asian trading. The JPY was weaker, with USDJPY crossing above 114.00 while, EURUSD and GBPUSD strengthened marginallyto 1.256 and 1.602 respectively. The AUDUSD was slightly weaker at 0.873,while the NZDUSD strengthened to 0.782 following release of better-thanexpectedemployment data. The PBoC fixed USDCNY 40 pips lower at 6.1503,USDCNY was lower at 6.1125, while USDCNH was close to unchanged at6.1179. KRW was also weaker, down 0.3% to 1080.
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