Dollar turn softer again in Asian session today and looks set to extend recent decline. But overall markets are quiet so far, with major pairs and crosses staying inside Friday's range. Economic calendar is likely today and focuses will be on whether broad risk markets would take the lead. Oil price is doing its job in extending recent rise but stocks are sluggish so far. Nevertheless trading would come back alive later in the week with three central bank meetings and some important economic data. Technically, 1.1668 temporary top in EUR/USD is a focus today, and break will resume the rise from 1.1523. 55 day EMA (now at 1.1705) would be a hurdle to overcome and break will be a sign of near term bullishness. At the same time, we'd see if EUR/CHF could rebound from 1.0655 fibonacci projection level and aid EUR/USD's rise. In Asia, at the time of writing, Nikkei is down -0.73%. Hong Kong HSI is up 0.11%. China Shanghai SSE is up 0.41%. Singapore Strait Times is down -0.08%. Japan 10-year JGB yield is up 0.002 at 0.099. | 