The Dollar majors are near net unchanged on the day so far, into the arrival of the London interbank market, while emerging market currencies have enjoyed some reprieve. EUR-USD has been holding near to 1.1600 after recouping from the two-week low that was seen yesterday at 1.1530, with reports of good selling interest above 1.1600 helping cap the pairing. The Yen underwent a bout of weakness before firming back. USD-JPY lifted to a 111.71 high earlier in Tokyo before ebbing back under 111.50.
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