US greenback nonetheless gaining floor

The primary buying and selling day of the brand new yr right here in Asia has seen the US greenback commerce b=greater, most notably in opposition to the yen and CHF.

EUR, AUD, NZD, GBP and Cad have additionally misplaced floor. CAD has acquired some help from greater oil costs.

Over the weekend had been Center East issues:

• Rising Middle East tensions increase the likelihood of US strikes on Houthi bases in Yemen

Regionally within the area right here was an assault on a senior political determine in South Korea:

• The South Korean Opposition Leader has been stabbed at a media appearance

2024 is kicking off simply high-quality … ugh.

USD/JPY:

The earthquake on Sunday in Japan blipped the yen greater earlier, however that is reversed and extra.

• Magnitude 7.6 earthquake hits Japan

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