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> USD swings continue in Asia morning trade
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USD

USD swings continue in Asia morning trade

Eamonn Sheridan
Eamonn Sheridan
Thursday, 05/01/2023 | 01:21 GMT
05/01/2023 | 01:21 GMT
  • 0

There were huge moves for the US dollar on Wednesday:

ForexLive European FX news wrap: Cold water on the dollar's hot start to the year

Forexlive Americas FX news wrap: Manufacturing and Fed minutes raise questions

The swings are continuing here. USD/JPY has dropped from highs above 132.60 to under 131.80 as I post.

EUR, NZD, GBP have inched a little higher while AUD is very little changed.

Meanwhile, the offshore yuan is trading a little stronger after the CNY fixing:

usdcnh 05 January 2023
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