Overall, the financial markets are very quiet in Asian session today. Commodity currencies are trading mildly firmer in very while Swiss Franc and Yen are softer. But major pairs and crosses are stuck inside Friday's range. Gold dips mildly after prior rejection by 1950 and it could be heading back to 1900 handle. WTI crude oil is staying in narrow range above 100, giving little reaction to news that EU is considering fresh sanctions, including gas embargo, on Russia for its intensifying war crimes in Ukraine. Technically, some attention will be paid to Aussie pairs ahead of tomorrow's RBA rate decision. AUD/USD consolidating below 0.7539 for now and further rise is expected. Decisive break of 0.7555 resistance would solidify the near term momentum back towards 0.8006 high. AUD/JPY is also holding well above 89.91 minor support as consolidation from 94.29 extends. Further rally is expected through 94.29 at a later stage as larger up trend resumes. In Asia, at the time of writing, Nikkei is up 0.08%. Hong Kong HSI is up 0.94%. China is on holiday. Singapore Strait Times is up 0.11%. Japan 10-year JGB yield is down -0.0053 at 0.211. | 