USD remained on the backfoot following Trump's tweet accusing China and Russia of currency manipulation. US equities were not affected by the tweet, climbing higher on improving risk sentiments, while Asian equities were mixed this morning following China data releases. Not surprisingly, the AXJs were also mixed with the CNY, CNH, and MYR weaker while the KRW, SGD and THB stronger. Higher oil prices should keep commodity currencies like the CAD supported intraday.
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