Stronger USD drives Asia, EZ PMIs, US durable goods – In focus

Asia saw a US dollar strong rebound driving USD/JPY closer towards 124 barrier, while the EUR/USD pair was heavily sold-off as traders head into a data-heavy European session ahead. The Antipodean currencies also came under renewed selling pressure, shrugging off upbeat China HSBC manufacturing OMI report.
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WTI hovers around $ 60

WTI oil futures on the Nymex snapped previous gains and keep moderate losses in the late Asian session mainly on a stronger greenback with traders waiting for the upcoming update on US crude reserves for the past week.
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