ForexLive Asia-Pacific FX news wrap: USD slid further

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The
USD lost some ground across the major’s board here in Asia today.
The drop came after the move lower for US yields on Wednesday. The ADP
jobs report published Wednesday morning US time came in well under
the consensus estimate, indeed well under the lowest estimate made
for the data.
</p><p>Here
in Asia JPY was a notable gainer. Helping it along, Japan’s Prime
Minister Kishida spoke to unions at Japan’s confederation of labour
unions gathering, Rengo. He said he'd make the wage rise surge
sustainable.
</p><p>EUR,
GBP, CAD, AUD, NZD all rose against the dollar as well.
</p><p>News
flow was very light, and data flow was light also. Australian exports
data bounced solidly from the previous month.
</p><p>Asian
equity markets:</p><ul><li><p>
Japan’s
Nikkei 225 +1.2%</p></li><li><p>
China’s
Shanghai Composite % … China is on holidays all this week</p></li><li><p>
Hong
Kong’s Hang Seng +0.5%
</p></li><li><p>
South
Korea’s KOSPI +0.7%</p></li><li><p>
Australia’s
S&amp;P/ASX 200 +0.5%
</p></li></ul>

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