Session Recap: Euro leads; Yen, Aussie losers

FXstreet.com (Barcelona) - The Euro stretched its fortune through the Asian session, and after its victorious performance on Thursday, in which found a fresh 20-month high vs the Yen and got close to show a 1.34+ upside resolution vs the USD, the currency is again topping the currency board as risk extends. On the flip side, nomination as main losers go to both the Aussie and the Japanese Yen, unable to master any momentum courtesy of a neutral China GDP and continuous dovish comments out of Japan.

Main Headlines (in chronological order)

- Wall street rises on positive data; Dow and S&P at 5-year highs

- Kiwi sells-off on weak NZ CPI

- Societe Generale thinks EURCHF should now overshoot into the 1.30-1.35 region ... UBS supports the buy call from SG too...

- Japan's Amari triggers Yen selling hysteria

- NAB projects need for three RBA 25bp cuts in 2013

- Japan vice economic minister sees Yen as corrective after excessive appreciation

- China: Economy grew 2.0% (m/m), 7.9% (y/y) in Q4 2012

- AUDUSD fresh session lows around 1.0515 despite China GDP improvement

- Japan Nov Industrial Production (MoM) decreases to -1.4% vs 1.6%

- Yen battered to new lows on Japan's Hamada headlines