Home News ForexLive Asia FX news wrap: Bid for US dollar in Asia still – ForexLive

ForexLive Asia FX news wrap: Bid for US dollar in Asia still – ForexLive

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Forex news for Asia trading
Friday 10 July
2020 

Singapore markets were closed
today which thinned out Asia trade somewhat but did not lead to much
in the way of volatility.

Overnight
weakness across equity and FX risk persisted in the session here with
a bid for the USD carrying through during Asia morning trade. Stock
in China also slid, in addition to the follow-though from US trade
local (state pension fund) selling of large cap China stocks weighed.

News and data flow was light. We had the usual dreadful coronavirus figures out of the US, cases, hospitalisations, deaths all higher; hospitals continuing to be pressured due to capacity limits being approached. 

It was a third day of record fatalities in Texas at 105:

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