USD Little Changed In Muted Asian Session

The Greenback is little changed in Wednesday's Asian session, ranges have been narrow with little follow through on moves. BBDXY sits at 1224.54, a 0.2% range has been observed in the index.

• AUD is marginally outperforming today, it is the strongest performer in the G-10 space at the margins. AUD/USD prints at $0.6730/35, ~0.1% firmer however we have been unable as of yet to sustain a break of the 50-Day EMA and sit a touch below the measure.
• NZD/USD is a touch softer, however ranges have been narrow, with resistance seen ahead of $0.6220 and support below $0.62.
• Yen is softer, USD/JPY prints at ¥134.25/35 ~0.2% firmer today. Resistance is seen at ¥134.75, a Fibonacci retracement point, and support at ¥132.96 the 20-Day EMA.
• Elsewhere in G-10 GBP and EUR are little changed. USD/NOK is ~0.3% higher however note Asia Pac liquidity is likely to be fairly poor for this pair.
• Cross asset wise; e-minis are ~0.2% lower and the Hang Seng is down ~0.5%. US Treasury Yields are little changed across the curve.
• In Europe we have UK CPI and the final print of Eurozone inflation. Further out the Fed Beige Book will cross.