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ForexLive Asia FX news wrap: USD slips lower still

December 30, 2020 by admin 0 Comments

Forex news for Asia trading
for Wednesday
30
December 2020

In another holiday-mode thin
liquidity session the USD lost further ground with gains for major FX
across the board. AUD,
EUR, GBP, NZD, yen … all gaining. CAD and CHF too, but trailing
the field. Gold joined
in, back to its overnight (US time) high circa $1885. Bitcoin is back above USD28,000.

There
was no
news and no data relevant to the majors. Chinese
authorities did announce they have revised the GDP growth rate for
2019 to 6.0% y/y from 6.1% previously. All the better to
set up a beat for 2020?

This article was originally published by Forexlive.com. Read the original article here.