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Ringgit Slips In Holiday-Thinned Trade


Another, Modest, Omicron Bid Kicks In


China Repo Rates Rise Friday


Mild Risk Aversion Emerges

Eur/Usd: Asia open $1.1914, range......>

EURO SUMMARY: Eur/Usd: Asia open $1.1914, range $1.1903-25. Europe open $1.1914,
range $1.1910-50.
* US markets returned Tuesday after Labor Day and played catch up on the risk
off plays caused by N.Korea developments.
* UST yields were pressed lower which acted to soften the Usd across the board,
extended bounce off $1.1868 to $1.1941.
* Rate eased to $1.1895 before it picked up fresh demand ahead of the close that
took it back to $1.1930.
* Rate eased to $1.1914 into Asia, dipped to $1.1910 before it edged to $1.1925
on soft UST yields.
* Eur/Usd dropped to $1.1903 as UST yields pared losses before rate settled
between $1.1905/15 into Europe.
* Sharp rejection from the Y108.50 level in Usd/Jpy allowed Eur/Usd to recover
off a German Factory Orders dip low of $1.1914.
* Rate rallied through the balance of the European morning to $1.1950.
* Focus on Thursday ECB meeting with N.Korea developments continuing to drive.