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Session Recap: USD mostly unchanged, despite plenty of data out

FXstreet.com (Barcelona) - The USD is slightly lower across the board early in the week in Asia-Pacific, with EUR/USD last near session highs at 1.3012, Aussie at 0.9629 USD, and GBP/USD at 1.5217, while gains marginally against Yen, last at 100.62 USD/JPY. Dollar index is at 83.23, down from 83.31 at Friday's weekly close.

Gold and Oil both have gone slightly higher at $1395 and 91.77$ respectively, while local share markets moved in a mixed way, with Nikkei posting fresh 6-week lows, last down -2.19%, and Shanghai up +0.26%. With US futures in the positive from Friday's close after the heavy selling off in late NY trade, Australian ASX is down -0.18%, Korean Kospi -0.14%, and Hang-Seng up +0.42%.

Despite all the data out, market reaction was pretty much muted, as almost all data came in either in line with expectations, or without any major surprise. Australian retail sales came in better than previous, but marginally lower than expected, while job ads showed still declines but softer than previous. Both China PMI figures came in bit worse than expected, being the HSBC final one the worst, down at 49.2, the lowest in last 8 months.

Main headlines in the Asian Session:

More on Saturday’s China Manufacturing PMI

AUD/USD: Opens the week on a firmer footing

Aussie consolidates in narrow range above 0.9600

EUR/JPY range bound behavior on daily chart continues

Commodities Brief: Oil unable to hold support at 92.00

Australia May AiG Performance of Mfg Index increase to 43.8 vs 36.7

USD/JPY drifting sideways just above 100.00

Japan: Capital Spending (1Q): -3.9% vs -8.7%

AUD/JPY break of 97.00 reveals new downside potential

China Non-manufacturing PMI declines to 54.3 in May from 54.5

Draghi: Euro more stable place than a year ago

EUR/AUD prints new multi year highs, still eyeing resistance at 1.3600

Australia Retail Sales s.a. (MoM) improves to 0.2% in Apr from -0.4%

China HSBC Manufacturing PMI falls to 49.2 in Apr from 50.4

AUD/NZD stalling below 1.2100

Draghi speech recap – No hints of what to expect at ECB meeting Thursday

EUR/USD looking to maintain ground above 1.3000

Kiwi posts lowest close since July 2012

The Kiwi finished the week on a negative note, closing down 138 pips to finish at 0.7938 (the lowest daily close since July 2012).
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Indonesia May Inflation (MoM) improves to -0.03% vs -0.1%

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