The US dollar also ran into selling on its recent gains, while the euro got no respite as a host of European bonds yields fell to all-time lows after a shockingly sharp fall in Spanish inflation.
Trade was thinned by holidays in Japan, Thailand, South Korea and the Philippines, while many markets in Europe are either shut or finish early on Wednesday.
Among the scraps of data and indicators due in Asia is a final measure of December Chinese manufacturing activity from HSBC, though it is unlikely to cause a fuss unless wildly out of line with the preliminary reading of 49.5.
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