USD continues to lose ground in Asia trade

<p>Its an across the board plunge for the US dollar in Asia trade, even against the hapless yen!</p><p>Apart from the news that has already been posted there is nothing fresh. The dollar weakness is carrying on from the same on Wednesday. </p><p>The de-dollarization folks will be pointing to this:</p><ul><li><a href="https://www.forexlive.com/news/biden-backing-legislation-thatd-let-it-seize-some-of-300bn-in-frozen-russian-assets-20240110/" target="_blank" rel="follow" data-article-link="true">Biden backing legislation that'd let it seize some of $300bn in frozen Russian assets</a></li></ul>

This article was written by Eamonn Sheridan at www.forexlive.com.