ForexLive Asia FX news: USD extends its losses in Asia a little

Author: Eamonn Sheridan | Category: News

Forex and Bitcoin news for Asia trading Thursday 22 March 2018

Plenty of movement leading into Asia today with the Federal Reserve decision, and some continuation moves into the morning here. USD/JPY dropped a little further, to circa 105.60 while EUR, GBP and CHF all added a few more points against the USD.

NZD/USD dropped away a little on the RBNZ decision (no change, but see bullets above for more) and then recovered back toward US time highs. CAD has not done too much on the session here at all.

AUD/USD gained a little but following the employment report (one line summary is continuing jobs growth but still slack evident in the jobs market ... again check out the bullets above for more).

Solid underperformance from the AUD today .... 

The  People's Bank of China pumped up the yuan today, its biggest rise in nearly a month at the daily central rate setting. 

Still to come: