USD higher in Asia trade – AUD notable loser
<p>AUD, NZD, CAD have all lost ground on the session against the US dollar. </p><p>EUR and GBP are barely holding in positive ground.</p><p>USD/JPY, of course, is up. I noted earlier the factors behind its bid today:</p><ul><li><a href="https://www.forexlive.com/centralbank/usdjpy-solid-jobs-report-reduced-expectations-of-fed-cut-boj-pivot-underpinning-pair-20231210/" target="_blank" rel="follow" data-article-link="true">USD/JPY: Solid jobs report, reduced expectations of Fed cut, BOJ pivot, underpinning pair</a></li></ul><p>Apart from what has been posted there is no fresh news to act as a catalyst. </p><p>The hapless Australian dollar:</p>
This article was written by Eamonn Sheridan at www.forexlive.com.
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