USDJPY rose to 115.05 while EURUSD is at 1.2427, basically flat to its overnight lows. AUDUSD edged slightly higher to 0.8638 following its fall overnight. The KRW and MYR led EM Asia FX weaker again, falling 0.5% vs. the USD to 1089.73 and 3.344 respectively. We did not see any evidence of Korean intervention today. USDCNY fixed 36pips higher to 6.1413.
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