Asia forex trading news Thursday, June 4, 2020
Small reversals of the US dollar movements of the week so far in Asia
during the session. EUR, AUD, GBP posted declines, as did CAD and
NZD to a lesser extent.
found a high above 1.1250 late in the afternoon in the United States when the news hit
the German recovery plan had been approved. Since then, it has been
lower net for the euro, its less than 1.1220 that i update. Cable
had a weaker reaction during the session here, with a loss of stop
sellers have gone off, especially under 1.2565 / 70, bringing GBP / USD to the lowest
the news flow during the session was light. Trump said he had not personally thought of sanctions against Chinese President Xi. It’s hardly
surprising given the sweetness of Trump’s response to China
tightening of the rules on Hong Kong.
continued on to the United States for another largely peaceful evening. Trump has
military readiness maintained, but so far there has been no actual deployment
active duty military personnel on the streets of the United States.
published during the session did not have much impact (see bullet points
Tiananmen Square commemoration banned in Hong Kong