Good Morning!
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v US dollar performance is mixed with an
upside bias as players return to full strength following long Easter holidays
v USD fell into a deeper hole in
response to another batch of forecast missing U.S. data
v Euro rose to one-week peaks against
the greenback along with the positive upbeat of the industrial production
data and the trade data
v Yen strengthen against the USD after
the comment from Hamada that the yen is undervalued against the USD given the
purchasing parity
v Asian currencies end the week with a
positive bias against US dollar
v MYR is the best performing Asian
currencies on the back of stronger commodity prices with the sharp drop in
1-month MYR NDF rate
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