USD Edges Lower In Asia

BBDXY is ~0.1% lower in Asia paring some of Wednesday's gains. The Antipodeans and the Yen are all marginally outperforming in the G-10 space at the margins.

• USD/JPY is ~0.2% lower, and sits at session lows. The pair last prints at ¥139.80/90, support comes in at ¥138.45 the low from June 1 and 20-Day EMA. The final read of Q1 GDP printed this morning at 0.7% Q/Q a rise of 0.5% had been expected.
• Kiwi is paring some of Wednesday's losses, NZD/USD is up ~0.2% however the pair has met resistance above $0.6250. Early in the session Q1 Mfg Activity printed at -2.1% Q/Q (volume) and -2.8% Q/Q (sales), there was little reaction in FX markets.
• AUD/USD is also ~0.2% higher, last printing at $0.6660/65. April's Trade Surplus was narrower than expected printing at $11.158bn vs $13.65bn.
• Elsewhere in G-10 ranges have been narrow with little follow through on moves.
• Cross asset wise; e-minis are ~0.1% lower and US Treasury Yields are little changed. WTI futures are marginally lower.
• On the wires today we have the final read of Eurozone GDP and US Initial Jobless Claims.