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ForexLive Asia FX news wrap: USD a little bid during Asia

Forex news for Asia trading
Thursday 30
July 2020

Post-FOMC day trade here in
Asia saw small major FX
ranges but with a bias
for a little US dollar buying. The
dollar ticked up a few points pretty much across the board with
EUR/USD down 20 or so points and USD/JPY up circa 25 points.

We
had a few news items out of the US afternoon and into the early
evening on the new stimulus measures negotiations with not much to be
cheerful about for resolution except one comment from Senate
Republican leader McConnell saying he hoped for an agreement on
unemployment benefits by Friday. That’d be a positive, we’ll see
what pans out.

News
and flow during the timezone here did not precipitate much in the way
of moves. 

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