- Forex news for Asian trading on Friday 01 July 2022
Crypto:
Other:
El
Salvador’
s
President Nayib Bukele
announced
on twitter that the country bought another 80 BTC, at US$19,000 each.
BTC/USD has jumped from lows under $18,800 to back above $20K.
In
major FX the movers were yen crosses. We had a barrage of data from
Japan today but the yen buying on Thursday US time in response to the
slight moderating in US inflation was what carried on during the
Asian timezone.
USD/JPY
tested towards 136.00 but has slipped from there to be circa 135.30
as I post. AUD/USD, NZD/USD, cable are all notably lower. Yen crosses
even more so.
EUR/USD
has dribbled off a few tics but its been a big mover. USD/CAD has
gained a little.
