ForexLive Asia FX news wrap: USD strength again in Asia

Forex news for Asia trading Thursday 24 March 2016
As the headline says, a day of USD strength in Asia today, but its performance was mixed.
AUD was a laggard, dropping under its overnight low and then below 0.7500. It had a bounce but its unsustained as I write AUD/USD is back near session lows under the figure. Not only USD strength weighing on the AUD, there was a round of negative news (the Woodside LNG plant suspension back on the news, ) along with heavy commodity prices (although they were supported (well, they halted getting trashed) on the comforting words from Chinese Premier Li (see bullets above).

Tags: