Top Currency Stories

Majors 1)  Euro Lures Asia After Record Dollar Debt Splurge: Credit Markets     (Bloomberg) -- Asian borrowers are setting their sights on the euro after selling the most dollar-denominated bonds on record last month, as speculation the European Central Bank will ease policy cuts funding costs to an all-time low. 2)  EU Protest Parties Surge in Greece, France in Early Voting     (Bloomberg) -- Protest parties surged in Greece and France in European Parliament elections, in a sign of the anti- European mood across the economic divide opened up by the sovereign debt crisis. Voters in Greece, the first crisis victim, handed first place to Syriza, the party which argues the bailouts weren't generous enough, according to a NERIT TV exit ... Europe, Africa, Mideast 3)  Billionaire Poroshenko Triumphs in Ukraine's Presidential Vote     (Bloomberg) -- Ukrainians elected billionaire Petro Poroshenko as president, handing him the task of stemming deadly separatist violence that's threatening to rip the former Soviet republic apart. Poroshenko garnered more than half of yesterday's vote to avoid a runoff with as much as 57.3 percent support, two exit polls showed. Ex-Prime Minister Yulia Tymoshenko came ... Asia, Australia, New Zealand 4)  FX DAYBOOK ASIA: BOJ Minutes, India's Modi Sworn In     (Bloomberg) -- BOJ minutes due Monday, while U.S. and U.K. markets closed; USD/JPY edged higher Friday as BOJ Gov. Kuroda talked down currency in WSJ interview. * BBDXY +0.1%, +0.3% on wk; JPM EMFX +0.1%, +0.3% on week * Today: BOJ minutes, India's Prime Minister-designate Narendra Modi is sworn in * NOTE: Click here to subscribe to the FX Daybook; here for weekly agenda * U.S. eco data: April new home sales 433k vs. est. 425k; m/m 6.4% vs. est. ... 5)  Thai King Endorses Coup as Junta Seeks to Boost Economic Growth     (Bloomberg) -- Thai Army Commander Prayuth Chan-Ocha will name an interim prime minister and legislative council to implement electoral reforms and bolster the economy a day after King Bhumibol Adulyadej endorsed a May 22 military takeover. 6)  Australia's Hockey Says Budget Opponents May Face Own Backlash     (Bloomberg) -- Australia's government says its political opponents in the Senate must be prepared to negotiate on budget legislation or they may face a public backlash. "If the immediate answer of everyone in the Senate is 'no', then I think the Australian people will have a low tolerance for that," Treasurer Joe Hockey said in an interview on Sky News yesterday. "They expect their government to be able to get on with their agenda." Prime Minister ...

Samuel Tay