FOREX NEWS

ForexLive Asia FX news wrap: EUR/USD recovers some of its US timezone loss – ForexLive


Forex news for Asia trading
for Tuesday 1 December
2020

EUR/USD had a steady rise
during Asian morning trade from lows circa 1.1927
to 1.1960. Euro was not
the only currency to gain against the big dollar, though, AUD, NZD,
GBP, CAD, and even CHF
are all stronger for
the session so far here. Yen
is a loser though, USD/JPY up a few tics on the session.

I
highlighted a few potential catalysts, in summary:

US
equity index futures were also stronger, emini
S&Ps are up around 1% (as I post), and NQ is trading higher on
Globex also.

There
was plenty of data today, notably with PMIs improving in Australia,
Japan, and China. South Korean export data was encouraging also.

For
the crypto folks, Bitcoin has steadied above $US19,500 during the
session.  (as I post its making a liar out me, back under 19.5K).

This is in the bullets above, but ICYMI:

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