Session Recap: Oil fly over $111; USD steady again above 81.15 of DXY

FXstreet.com (Barcelona) - Another steady Asian session for the USD index that currently trades at 81.17 of the spot DXY off recent session lows at 81.10, with the EUR/USD around session lows though also little changed since NY close, last at 1.3385.

AUD/USD dipped to fresh 3-week lows on risk aversion last at 0.8924 while local share markets trade overall in the negative, Nikkei index lower by -2.58%. The USD/JPY also broke lower below the 97 handle on massive Yen strength as Syria tensions escalate, posting a fresh 2-week low at 96.80, last at 97.00 round.

Oil jumped above the $111 mark printing fresh 15-month highs while Gold remains capped below the $1418 level, and Silver below the $24.75. The Indian Rupee made yet another fresh all-time low against the USD at 67 INR per USD, and construction work done data in Australia showed a lower reading than expected at -0.3% vs +1.1%.

Main headlines in the Asian Session:

RBA's Edwards reminds AUD bulls not to mess with bear trend

Japan; Hamada’s at it again, says sales tax hike should be delayed for a year

China’s leaders to hold key meeting on economic reform in November

Jordanian authorities clearing bordering areas with Syria

Australia Construction Work Done improves to -0.3% in 2Q from -1.9%

Indian Rupee 'hit and sunk'