China’s CPI came in bang on expectations at +1.9% YoY and a little while before that, the PBOC fixed the USD/CNY mid-rate at 6.3110, down from 6.3260 on Friday. The AUD/USD has popped up 20 pips off its earlier lows at 1.0200 and USD/SGD has backed off it’s intraday highs at 1.2240.
