FOREX NEWS

ForexLive Asia FX news wrap: Yen gains (Bitcoin: “Hold my beer”) – ForexLive


Forex news for Asia trading
for Friday 13
November 2020 

USD/JPY dropped around 20
points which is enough
(as I post) for yen to take the top spot in a lacklustre field of
currency movers during the Asian session. Bitcoin on the other hand
rose around $400+
during the session to approach $16,500.

Fresh
news flow was barely existent, data also very light indeed. US newly
confimred coronavirus cases continued their rapid rise, as did
hospitalisations. NYC is pondering shutting down schools once again
if the testing positivity rate rises further. US
President Trump still has given no indication of recognising the
election result. Trump did sign an EO Thursday afternoon/evening
prohibiting US investment in Chinese military-controlled companies.

Major
currencies have been broadly stable against the USD; EUR, GBP, CHF
all little changed while AUD, CAD and NZD are down a few points. 

BTC here today:

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