FOREX NEWS

ForexLive Asia FX news wrap: BTC stabilises – ForexLive


Forex news for Asia trading on
Wednesday
8
September 2021

It
was a mainly sideways session for major FX rates. AUD, NZD, CAD all
showed a small amount of strength against the USD.

News
flow was very light. On the data front we had Japanese GDP, the final
read for Q2 came in better than did the preliminary read.

Gold
inched a little higher on the session as
did oil (barely). Bitcoin stabilised around $47K.

A
huge earthquake hit southern Mexico with tsunami warnings issues. Tremors were felt in Mexico City around 200 miles from the epicentre. Reports of injuries and damage are yet
to really come in.

The
Reserve Bank of New Zealand issued a report on bank liquidity, link
here if of interest.

Regional
equities:

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