Forex news for Asia trading
US Treasury yields moved
higher during the session, the 10 year is back close to its recent
highs. Gold suffered, dropping a few dollars to lows circa $1,705
while USD/JPY crept higher towards the 110 round number.
and NZD/USD tracked a little higher, and both AUD and NZD have had a
strong session on their yen crosses. There was little idiosyncratic
news flow for AUD of NZD to prompt the pop higher for the two.
did its ‘Suez Canal’ trade – i.e. it was stuck sideways. Cable
has fared little better, up just a touch.