EUR edged higher to 1.135 after the sharp fall overnight, but EUR crosses fell, with EURGBP down to 0.746, and EURCHF to 1.047. AUD rebounded to 0.78, driving AUDNZD marginally higher to 1.053. USDJPY was largely range-bound around 117.3. USDMYR gapped higher to 3.591 on the open on the back of the fall in oil prices, but has since retraced to 3.569. KRW also fell 0.3%, and INR and IDR lost 0.1%. PBoC fixed USDCNY 48pips higher to 6.1366. USDCNH was unchanged on the day at 6.258, as spread to spot narrowed.
Read the full report: Market Research
