ResearchGlobal2026-09-29
Asian FX divergence: yuan and yen firm together, won alone weaker, re-rating NE-Asia delivered costs
USD/CNY 6.7118 (yuan firms), USD/JPY 157.12 (yen firms), USD/KRW 1356.89 (won weakens). Three reads re-rate NE-Asian refiners' delivered costs and transshipment edge.
