ForexLive Asia-Pacific FX news wrap: Subdued in Asia with the US market holiday


July 4 Independence Day holiday long weekend in the US sapped
interest during the Asian time zone today. Major FX ranges stayed
confined mainly to lacklustre ranges.

did drop under 135.00 again during the session. Lows under 134.90
were rejected though and as I update USD/JPY is back just over

was fairly steady (for crypto) over the weeknd. BTC/USD did manage to
rise above $19500 on Sunday (US time) but has since dribbled back to
be circa $19200 as I post.

notable news item from the weekend was a warning for the head of
Germany’s trade unions of the ‘permanent’ collapse of industry
should Russian gas supplies be cut. This is not really ‘news’ to
anyone, but its indicative of mounting fear.

futures hours at the CME for the holiday weekend:

cme hours independence day 2022

Articles You May Like

Swiss Franc Rises in Very Quiet Markets Euro and Sterling on the Soft Side
99% Accurate Price Action Trading System | Forex Trading strategy | Ztrading
ForexLive European FX news wrap: Dollar firms on more pensive mood in markets
10 year yield holds below 100 day MA
Is the economy in a recession? ‘What you call it is less relevant,’ says one economist: Here’s ‘what really matters’