ForexLive Asia FX news wrap: USD extends a little higher still

Forex news for Asia trading on
Friday
12
November 2021 

The
move higher for the USD on Thursday in the US carried on in Asia
today albeit in more limited ranges. USD/JPY scaled heights
above 114.25 and USD/CHF, too, added gains.

EUR,
GBP, AUD, NZD, CAD all fell, to varying degrees.

Data
flow was barely anything, New Zealand’s manufacturing PMI for
October rose a little. Other news flow was also very slow. Bitcoin
was volatile in, for it, a limited range. BTC/USD fell briefly to
around US$62.5K before jumping back to approach $65.5K.

As
I update regional equities have been mixed, Japan and Hong Kong are
higher while the Shanghai Composite is straddling an unchanged level. 

Choppy BTC trade: