Analysts at National Australia Bank explained that a return of risk appetite has seen Asian currencies strengthen across the board but still lag DM currencies. Key Quotes: "We have adjusted our forecasts to take into account the changing environment." "The rebound in the oil price seems to have stalled, Brenthas retraced from highs of just below USD 42/bbl." "China’s new FX regime appears to be getting clearer, with the RMB Index appearing to be positively correlated with the DXY." For more information, read our latest forex news.