RBA Deputy Governor Guy Debelle recently crossed wires while speaking on the telephonic interview with Bloomberg. The policymaker cited a lack of liquidity in the major G10 currencies while showing optimism for Asian markets. Key quotes Volatility has subsided, liquidity in G10 currencies has only returned to around 80% of where it was. The depth of liquidity is not what it was. Liquidity is decent but it’s not completely back. Markets in the Asian region are much more back to normal than say Latin American for example. The demand for the US dollar was also less universal than perceived during the crisis. Markets like Australia and Canada showing little evidence of a shortage. FX implications The news might have been the reason behind the AUD/USD pair’s refrain to respect the coronavirus (COVID-19) woes while taking rounds to 0.6890/85 at the start of Friday’s Asian session. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Trump administration to give congressional committees ‘full access’ to paycheck protection program loan data FX Street 2 years RBA Deputy Governor Guy Debelle recently crossed wires while speaking on the telephonic interview with Bloomberg. The policymaker cited a lack of liquidity in the major G10 currencies while showing optimism for Asian markets. Key quotes Volatility has subsided, liquidity in G10 currencies has only returned to around 80% of where it was. The depth of liquidity is not what it was. Liquidity is decent but it's not completely back. Markets in the Asian region are much more back to normal than say Latin American for example. The demand for the US dollar was also less universal than perceived during… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
