ForexLive Asia FX news wrap: Crypto the focus again


Source: cyprosoftware.net cyprosoftware.net

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News Snapshot:

was another sharp decline for Bitcoin with further tweeting from Elon Musk and the propsect of tighter regulation from China weighing (see bullets above). It wasn;t opnly BTC lower, other coins lost ground also. major forex it was a mixed bag. EUR/JPY popped to above 132.90, its highest since 2018, before dipping back under. USD/JPY tested 109.50 before similarly back just a little. EUR, AUD, NZD and CAD have all net lost ground against the USD on the session here. Gold hit its highest since early February, trading above $1852. Taiwan’s stock market fell heavily again early, the country reported...