USD rising in Asia morning trade, adding to its gains on Monday

Monday’s moves for the US dollar are extending during Asia morning trade with moves lower for AUD, NZD, EUR, GBP, CAD, CHF, and the yen just a little.

• AUD/USD to a 5 month low
• EUR/USD to a 5 month low
• GBP/USD to a 5 month low
• NZD/USD is at its lowest since November
• JPY is, of course, still around 34 year lows

Apart from what has already been posted there is no fresh news. San Fran Fed head Daly acknowledged the inevitable:

• No urgency to cut rates

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