Australian Dollar rises mildly in Asian session, together with New Zealand Dollar. But both were hammed down after a Russian media reported that Ukraine forces opened fire on four settlements of the LPR. Overall market sentiment remains rather fragile and ultra-sentiment. Dollar and Yen are both picking up some buying while European majors are mixed. Technically, Gold's retreat from 1879.24 was rather shallow and contained well above rising 4 hour 55 EMA so far. This keeps near term bullish bias intact. Focus could soon be back on 1879.24 temporary top. Break there will resume recent rally to 1916.30 resistance. If happens, that could also come with another down leg in Dollar. In Asia, at the time of writing, Nikkei is down -0.14%. Hong Kong HSI is up 0.30%. China Shanghai SSE is up 0.35%. Singapore Strait Times is up 0.40%. Japan 10-year JGB yield is up 0.0014 at 0.223. Overnight, DOW dropped -0.16%. S&P 500 rose 0.09%. NASDAQ dropped -0.11%. 10-year yield rose 0.002 to 2.047. |