The forex trading headlines for Asia Wednesday 4 December 2013

Yen crosses continued to lose ground in late Americas trading, but soon stabilized. USD/JPY found support ahead of 102.00, moving higher on the session through to 102.60 and trading in a choppy sort of fashion 102.25/60 thereafter. The Nikkei lost a lot of ground on the TSE today after futures slid in the overnight.

AUD got hit lower on the release of the Q3 GDP figures (see bullets, above), eventually trading to just below 0.9050 before stabilizing. It had a tight range thereafter (as of writing). NZD/USD fell along with the AUD, but not losing quite so much ground.

EUR, CHF, GBP had tight ranges against the USD, but moving against the yen as USD/JPY swung around.