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USD/Asia moving higher, having an effect on majors

USD/Asia moving higher, having an effect on majors

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Sean Lee
09/04/2012 | 01:03 GMT

USD/KRW is trading above 1138 after finishing last week near 1130 and USD/SGD is trading at 1.2625, after earlier lows below 1.2600, and the USD demand in Asia is also having an impact on the majors. EUR/USD has fallen back below 1.3050, with next support at last weeks low of 1.3033; cable is also lower, back below 1.5850 and the AUD/USD has also given up 30 pips.

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