The USD had given some of its Thursday gains back during the US afternoon but its since ticked just a little higher. EUR, GBP, AUD, NZD, CAD, CHF are all down a few points since 4pm NY time. Yen is a more notable loser, USD/JPY is back above 103.75: Oil and gold are also trading down.Apart from what has already been posted there is no other relevant news nor data. Its been a wild volatile ride since Thursday in Europe dawned, we don't really need a narrative to ‘explain' these moves during the Asia morning. More of the same:Wednesday post FOMC – “Oh, the Fed is not hawkish”Thursday – “Yes, they are”Its best to date a view point you are trading. Not marry it.
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