Forex news for Asia trading Wednesday 4 March 2015

A day of general US dollar strength in Asia, but not one for the record books by any means.

EUR/USD is a few points lower from late US trading, as is GBP, AUD and NZD. USD/CHF on it highs for the session as I write, as is USD/JPY (barely).

Gold is punching above its weight, on its highs against the USD as I type.

Most volatility in the majors was in the AUD, which spiked down on the release of the Q4 GDP data, which came in pretty much around not-very-high expectations. No sooner had it spiked lower than it jumped. It drifted back a little then, settled sideways and then succumbed to the general US dollar strength, back below 0.7810 as I write.

India cut rates outside a scheduled meeting for the second time this year (see bullets, above).