Session Recap: Aussie back above 0.91; USD steady

FXstreet.com (Barcelona) - Another session with surprise for the Aussie, this time to the upside, as RBA deputy governor Lowe said yesterday's RBA Stevens comments were misinterpreted.

EUR/USD lost the 1.3000 support again trading as low as 1.2990 ahead of the ECB meeting, while GBP/USD eased to session lows at 1.5250. The USD/JPY was sold from session highs at 100.10 to session lows at 99.68 on the back of Yen strength and BoJ Kuroda's speech.

Local share markets posted mixed results with Japan and China losing some ground, while Australia, and Hong-Kong were the big winners. Gold and Oil remained flat ahead of US markets being closed for holiday this Thursday.

Main headlines in the Asian Session:

Egyptian army suspends constitution and removes President Morsi

EUR/USD: Sovereign buyers off-setting selling on the crosses

Was Glenn Stevens’ comment misinterpreted yesterday?

USD/JPY falls below 100.00 level ahead of Kuroda

Australia May Building Permits (YoY) down to -3.2% vs 28.8%

EUR/USD surrenders below 1.3000

Kuroda assertive on economy, inflation

Financial Times: China, Australia and a hard landing

RBA Lowe throws cold water on Stevens remarks

AUD/USD jumps on RBA Lowe's comments

Fash: NFP expected at 165, jobless rate at 7.6% - Nomura