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Session Recap: USD steady below 81.40 of DXY; Gold breaches $1400

FXstreet.com (Barcelona) - USD has been pretty steady during first hours of weekly trading in the Asia-Pacific specially against Euro, flat around the 1.3380 level of EUR/USD ahead of London markets closed over holiday this Monday.

AUD/USD and USD/JPY have been both range bound now sitting near session highs 0.9038 and session lows 98.68 respectively, with local share markets mostly in the green, and Oil pressing higher above the $107 mark.

Gold breached momentarily above the $1400 handle for the first time since early June, posting highs at $1408 but soon retracing to current $1396. New Zealand trade balance showed widest deficit year to date, while Japan Corporate Services Price Index (CSPI) y/y came in line as expected at 0.4%.

Main headlines in the Asian Session:

Jackson Hole: More from BOJ’s Kuroda

Greekn fin min says Greece “may need EUR 1O bln more in aid”

Jackson Hole: Timing of QE taper still the puzzle to solve

New Zealand shows large $774 million trade deficit

Japan July Corporate Service Price (YoY) flat at 0.4%

It’s a bumped golden rush

Japan to decided on sales tax increase by October 7

NZD/USD spikes to 0.7834 intraday highs

NZD/USD rose to 0.7834 to quickly retrace as gains add up to 0.31% so far post NZD trade balance data release.
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EUR/USD grinding sideways early Monday

The EUR/USD continues to churn sideways below key resistance at 1.3409 and above short-term support at 1.3370.
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