USD Trims Tuesday's Losses In Asia

The greenback has trimmed some of yesterday's losses in Asia today, the Antipodeans are the weakest performers in the G-10 space at the margins.

• AUD/USD is down ~0.2%, the pair last prints at $0.6470/75. CPI rose 4.9% Y/Y in July, below the estimate of 5.2%. July building approvals fell 8.1% m/m versus an estimated 0.5% contraction. The pair found support at $0.6450 and marginally pared losses through the session.
• Kiwi is the weakest performer in the G-10 space, NZD/USD is down ~0.2%. The RBNZ sold a net of $4bn NZD to build its reserves of foreign currencies. The Reserve Bank sold a net NZ$3.96 billion, according to data posted on its website, the largest sale in records dating to 2004. Early in the session July Building Permits fell 5.2% M/M, the prior read was revised lower to 3.4%.
• The Yen is also marginally pressured, USD/JPY has firmed above the ¥146 handle as US Tsy Yields tick higher. The uptrend remains intact, resistance comes in at ¥147.37 (yesterday's high) whilst support is at ¥144.77 (20-Day EMA).
• Elsewhere in G-10 EUR and GBP are both following broader USD flows and are down ~0.1%.
• Cross asset wise; BBDXY is up ~0.1% and US Tsy Yields are ~1bp higher across the curve. US Equity futures are firmer; e-minis are up ~0.2% and NASDAQ futures are up ~0.3%.
• In Europe today regional German CPI provides the highlight