Greenback Marginally Firmer In Asia

The greenback is marginally firmer in Asia on Thursday however moves do remain modest with little follow through thus far.

• AUD is the strongest performer in the G-10 space at the margins. Australia's Retail Sales rose 0.7% M/M in May more than the expected 0.1%. This saw the AUD extend gains seen after the PBOC fixed the Yuan firmer than expected. Resistance was seen above $0.6620 and gains were pared. AUD/USD sits ~0.1% firmer last printing at $0.6605/10.
• NZD/USD prints at $0.6070/75, little changed from Wednesday's closing levels.The pair was up as much as 0.5% after the PBOC fix, however resistance was seen ahead of $0.61.
• Yen has observed narrow ranges with little follow through on moves. May Retail Sales were firmer than expected printing at 1.3% M/M vs 0.8% exp.
• Elsewhere in G-10 the EUR is down 0.2%, despite the absence of any specific headline driver. GBP and CAD are also down ~0.1%.
• Cross asset wise; BBDXY is up ~0.2% and US Tsy Yields are marginally firmer. E-minis have pared early gains and sit ~0.1% firmer.
• Fedspeak from Chair Powell crosses early in the European session, regional and national German CPI is also on the docket.