ForexLive Asia FX news wrap: US yields edged higher

Forex news for Asia trading
for Tuesday
30
March 2021

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.

AUD/USD
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.

EUR/USD
did its ‘Suez Canal’ trade – i.e. it was stuck sideways. Cable
has fared little better, up just a touch. 

Source

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