ForexLive Asia-Pacific FX news wrap: AUD, NZD, CAD catch a small bid

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Dow industrial average and S&amp;P index close lower</a></li></ul><p>
It
was a subdued sort of session with traders settling in to wait for
Federal Reserve Chair Powell speaking Friday US time (previews in
bullets above).
</p><p>From
New Zealand were retail sales data for Q2 that didn’t come in good,
but they weren’t as bad as expected. These data have supported the
NZD during the session.
</p><p>A
supported Dalian iron ore price provided a bit of a tailwind for the
AUD, while a little bounce for oil has lent some bids to CAD.
</p><p>All
of the ranges have been small and those influences are open to being
reversed ahead. There was little impetus to moves.
</p><p>USD/JPY
had a quiet session, its not a lot changed on the day.</p><p>The PBOC once again set the USD/CNY reference rate a lot lower than the modelled estimate to support the yuan. </p><p>Flash PMI data from Australia was poor, while Japan's was a little more mixed. The Japaneses service sector PMI improved.</p><p>Asian
equity markets:</p><ul><li><p>
Japan’s
Nikkei 225 +0.3%</p></li><li><p>
China’s
Shanghai Composite -0.6%</p></li><li><p>
Hong
Kong’s Hang Seng +0.3%</p></li><li><p>
South
Korea’s KOSPI -0.3%</p></li><li><p>
Australia’s
S&amp;P/ASX 200 +0.7%
</p></li></ul>

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