USD Mildly Pressured In Asia

The greenback is mildly pressured in Asia today, the Hang Seng paring early losses and a bid in US Equity futures has weighed. BBDXY sits ~0.1% softer.

• AUD/USD is ~0.2% firmer, the AUD is the strongest performer in G-10 space at the margins today. The trend condition remains bearish, however the bull cycle that started Mar 10 remains in play for now. Resistance is at $0.6769, 50-Day EMA and support is seen at $0.6625 the low from Mar 24.
• Kiwi is also a touch firmer today. NZD/USD prints at $0.6205/10, the pair has observed a narrow range thus far with support seen below $0.62 and resistance about the 20-Day EMA ($0.6216).
• USD/JPY is ~0.1% softer, the pair was firmer in early dealing however resistance was seen at ¥131.00 and gains were pared. This morning Japan's Feb Services PPI printed at 1.8% rising from the Jan print of 1.6%.
• Elsewhere in G-10 the mild USD weakness we've seen is evident. EUR and GBP are ~0.1% higher.
• Cross asset wise; the Hang Seng erased losses of as much as 2% to sit little changed. E-minis are ~0.5% firmer. 10 Year US Treasury Yields are little changed.
• In Europe today we have a thin data calendar, IFO Business Climate Index from Germany provides the highlight. Further out Dallas Fed Manf. Activity headlines an otherwise thin docket.