ForexLive Asia-Pacific Wrap: AUD Slide Continues After Retail Sales

Australian retail sales +0.2% vs +0.4% exp Aussie building permits +6.4% vs 4.7% exp but lower revisions Mainichi: Japan may buy European stability bonds Romney impresses in first Presidential debate HSBC lowers China GDP estimate AEP: Spain worried about FANGs NATO demands Syria sort itself out Nikkei up 1.3% EUR leads, JPY lags Solid movement in Asian trading as the market pared back some of the US moves and extended others. USD/JPY was a big story, rallying to the highest in two weeks after hitting buy stops above 78.68. It fizzled out ahead of 78.78. EUR/USD climbed above the US highs but only narrowly and remains contained by offers ahead of 1.2937. The Australian dollar neared the September lows after the soft retail sales data. Corporate demand at 1.0180/75 later sparked a bounce back above 1.02. There is talk of a second RBA cut in November.