Session Recap: Aussie breaks above resistance; Gold posts fresh 2-month highs

FXstreet.com (Barcelona) - USD has been steady during first hours of trading at the weekly start in the Asia-Pacific, losing the most against Aussie, printing fresh 2-week highs at 0.9234 USD after breaking above stops around the 0.9220 level.

The EUR/USD is unchanged so far last at 1.3329 off session highs at 1.3345 while the same is true for USD/JPY that trades last at 97.58, off session highs at 97.84, with Japan exporters on the sell, market sources reported.

Nikkei index is last up +0.18% switching a couple of times in between positive and negative, while other local share markets are mixed, not committed to either direction. Gold printed fresh 2-month highs at $1384, with Oil holding high although capped below the $108 handle.

Main headlines in the Asian Session:

China July House Price Index up to 7.5% vs 6.8%

Australian PM Rudd still behind in the polls but can he yet turn it around ?

New Zealand Producer Price Index - Output (QoQ) up to 1% in 2Q from 0.8%

China's silent stimulus gathers media attention

Gold dealing near fresh 2-month highs

Japan's trade deficit worsens on imports jump

Australia July New Motor Vehicle Sales (YoY) declines to 3% vs 6.9%

Japan Tax-Hike Debate to Intensify