The Dollar, Yen and Swiss Franc have softened amid a hiatus in the risk-off theme that dominated markets yesterday. Sentiment remains fragile, though. The MSCI Asia-Pacific (ex-Japan) equity index still managed to carve out a fresh four-month low at the intraday low, before recovering a little, with the main Chinese indexes showing fractional gains. The narrow trade-weighted USD index ebbed to an eight-day low at 97.71, extending a quite steep correction from the 24-month high that was pegged at 98.37 yesterday.
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