After the dollar lost steady ground in NY on Wednesday, the dollar gained back ground in Asia on position-squaring with traders looking to pare positions ahead to the key ECB and BOE decisions later on Thursday. Some of the euphoria over the possible additional Chinese stimulus measures faded as well after Premier Wen Jiabao failed to announce any new measures at the National People’s Conference in Beijing. EUR-USD, which hit highs of 1.2664 in early Asia, dropped back to lows of 1.2583. GBP-USD pulled back from highs near 1.4200 to 1.4130. AUD, which traded up to 0.6527, dropped back to 0.6413, also weighed down by weak data with Kiwi retreating as well. USD-JPY, which bucked the weaker USD trend, consolidated Wednesday’s gains between 99.00-99.50. Asian stocks were decidedly mixed, with the Nikkei up on JPY weakness but stocks in Hong Kong and China down on the lack of definitive new stimulus measures. Oil consolidated Wednesday’s gains above $45 with gold bouncing $7 after eight straight days of declines in NY.