The Asian-session daily update

February 13, 2012 3:07 AM GMT

Starting with Australia, as the AUD / USD pair reached its highest level in today's trading session at 1.0723 and lowest at 1.0679, and it's currently trading at 1.0696.

Moving to the NZD dollar, as the NZD/USD pair is slightly changing against the U.S. dollar as the pair is currently trading around the level of 0.8295 $, after reached its highest price at 0.8319 $ and lowest at 0.8278 $.

Moving to the Japanese currency, as the USD/JPY pair is dramatically advancing after the release of the nation's GDP which showed and obvious contraction, as the pair is currently trading at 77.68, after recorded its highest price at 77.77 and lowest at 77.51.

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EUR/USD Weekly Outlook

EUR/USD's decline extended further as expected as reached as low as 1.2496. The break of 1.2625 confirmed resumption of whole fall from 1.4939. Initial bias remains on the downside this week.

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