Session Recap: Another Asian session to forget; USD limited to the upside

FXstreet.com (Barcelona) - Slow end of week session in the Asia-Pacific, again, seeing some intraday volatility just to end up little changed with USD slightly to the upside, though still limited below the 83 mark in the USD spot index.

EUR/USD printed session lows at 1.3075, AUD/USD at 0.9133, last at 0.9165, and USD/JPY posted session highs at 99.32, trading last unchanged from NY close at 99.04, off session lows at 98.66. GBP/USD printed session lows at 1.5166, trading last also unchanged from NY close at 1.5180.

Gold has been around the $1284 level since late London session within a very narrow range, while Oil has stalled the retracement from fresh 1-year highs above the $106 level to around $104 last. Local share markets are also flat overall, with the Nikkei index up +0.10%.

Main headlines in the Asian Session:

Jon Hilsenrath argues that yesterday’s Q&A from Bernanke was actually hawkish …

IMF: Greece is broadly on the right track

China’s finance minister says expected GDP growth this year is 7%, no hard landing

Australia Home Loans increase to 1.8% in May from 1.2%

Macquarie cuts China 2014 GDP growth to 6.9%