ForexLive Asia Wrap: RBA Decision and Statement Day

The forex trading headlines for Asia trading today

No change in the cash rate from the RBA
RBA: Link to full text of accompanying statement
Australia AIG March Manufacturing PMI 44.4 (vs. 45.6 prior)
Australia March RPData-Rismark House Price Index +1.3%
UK March Lloyds Business Barometer 20 (vs. 13 prior)
UK's BCC poll shows big first quarter jump in firms' export orders, and more on the BCC survey here
New Zealand Q1 employment confidence 100.7 (vs. 99.1 in Q4 2012)
New Zealand ANZ March Commodity Price Index +7.4% m/m (vs +1.0% prior)
BOJ head Kuroda: BOJ will do whatever it can to beat deflation
Japan March Monetary Base +19.8% y/y (vs. +15% prior)

EUR/USD traded a little higher to test marginally above the North American highs of Monday. There was no fresh news to drive it and it halted at 1.2875/85 resistance. GBP/USD. too, was a little stronger, and unlike EUR it managed to sustain above the Monday North American highs.
AUD/USD traded with a bid tone throughout the session leading up to the RBA announcement (0330GMT), going into the announcement time on its hihgs of the session. The statement was little changed from March, with a marginally less dovish tone. AUD steadied at its highs as the announcement was made and in the immediate aftermath, then traded higher.
USD/JPY had a relatively quiet session but remained under pressure the entire time. Comments from Kuroda throughout the day contained nothing new. Early in the Tokyo afternoon it broke below 92.90, going into early Europe on session lows.