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Old 03-01-2024, 05:42
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Default ForexLive Asia-Pacific FX news wrap: Subdued ranges awaiting US data and FOMC minutes

Therewerenodata releases scheduled for the session here in Asia today and on thecentral bank front all we had were the RBA monthly ‘Chart Pack’(the Chart Pack summarises macroeconomic and financial market trendsin Australia and provides some information about developments acrossAustralia's main trading partners) and the regular USD/CNY referencerate setting from the People’s Bank of China. The light centralbank calendar continues into Europe before the Federal Open MarketCommittee (FOMC) release their December meeting minutes at 2pm USEastern time.

Newsflow, too, was light.

Acrossmajor forex rates ranges were limited. The US dollar dribbled a tinyfew points lower overall.

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

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