ForexLive Asia-Pacific FX news wrap: Hong Kong shares rise | Forexlive

COVID
loosening news from both mainland China and Hong Kong continued
today. There’ll be more to come at 3pm Beijing time (0700 GMT) with
a news conference on COVID prevention and control. From Hong Kong
today:

• is
  expected to decrease isolation period for COVID patients to 5 days
  (from 7)
• is
  considering dropping its outdoor mask rule

USD/JPY
was a mover again during the session. Firmer US yields helped it back
to 173.00 and (very) briefly above.

USD/CAD
continued its post-Bank of Canada rate hike move a little further
higher. Take note that Deputy Governor of the Bank of Canada Sharon
Kozicki is speaking later on Thursday (1745 GMT).

Elsewhere
there is not a lot of net movement to report. There have been some
minor swings only.

US
President Biden will speak on Thursday, on ‘building a stronger
economy’ at 1910 GMT.