FXStreet (Mumbai) - The US dollar staged a comeback from the recent corrective slide in Asia, weighing on most G10 currencies. While the calendar remained light this session, upbeat Australian growth numbers and RBA Steven’s comments failed to offer support to the AUD bulls. The Kiwi retreated from multi-week lows, although held onto 0.6650 support. Key headlines in Asia Swings in AUD helped combat inflation – RBA’s Stevens Australia’s GDP expands 0.9% in Q3, beats estimates Increase in capex to have positive impact on prices – BOJ’s Iwata Lael Brainard: concerned on dollar strength Dominating themes in Asia - centered on JPY, AUD, NZD A relatively quiet Asian session, with only Australia’s GDP reported amid no relevant economic news. Australia’s GDP expanded 0.9% in the September quarter, against 0.5% growth seen previously. Markets had predicted the economy to grow 0.8% in Q3. However, the decent Australian data and RBA’s Steven talking up on the AUD, didn’t incentivise the bulls, keeping AUD/USD in the red ahead of 0.73 barrier. The OZ counterpart, the New Zealand dollar also lost ground against the greenback, as markets resorted to profit-taking after the Kiwi flew to four-week highs on Tuesday, following pick-up in dairy prices as showed by the GDT price index. The Global Dairy Trade (GDT) auction showed that the global dairy prices rose an average 3.6%, with prices of whole-milk powder rising 5.3%. As mentioned above, broad USD bounce-back remained the theme in Asia, lifting the USD/JPY back above 123 handle. The US dollar index, which measures the relative strength of the greenback against a basket of six major currencies, rebounds 0.10% to 99.97, recovering from 99.76 lows struck on Tuesday. The greenback weakened further in the previous session after the US ISM manufacturing PMI report felt to its lowest levels since 2009 and entered contraction. On the equities space, Asian indices are trading mixed to cautious ahead of ECB decision and US NFP report. Japan’s benchmark, the Nikkei now loses -0.16% to 19,980 while Australia’s S&P ASX index closed -0.12% to 5,259. The mainland China’s benchmark, the Shanghai Composite rises 0.35% to 3,468, while China’s A50 index rallies +2.55% to 10,466 points. Hong Kong’s Hang Seng gains 0.40% to 22,468. Heading into Europe & North AmericaS Another data-heavy European session ahead, as the Euro zone is expected to publish its flash CPI estimate and PPI data today. While the UK Construction PMI will be reported prior to the Euro zone data. Euro zone inflation is expected to tick higher, registering a 0.3% rise y/y in Nov. In October, consumer price growth in the euro zone saw a flat 0.0%. While the UK construction PMI is expected to stay well in expansion at 58.6, but worse than the previous 58.8 result. All eyes on Yellen In the North American session, we have the ADP employment report from the US along with the non-farm productivity figures while the monetary policy decision from the Bank of Canada (BOC) will remain in spotlight. Besides, Fed Chair Yellen’s speeches at two separate events will also hog the limelight in wake of the first interest rate hike in almost a decade on the cards this month. For more information, read our latest forex news.