v USD hitting fresh multi-week lows as
economic data pointing to progress in Europe
v Higher Euro’s bond yields improves the
currency’s appeal
v The depreciation pressure of JPY
starting to ease
v Asian currencies fell against USD on
the back of an increase volatility and overheating in stock markets and
concerns over the spreading MERS contagion
v RM is the top losers among Asian
currencies as SGD/MYR maintains its upward push into uncharted territories,
wild swing in oil prices and rising CDS rate
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