Dollar rises broadly again today but Asian session is a bit quiet with China and Hong Kong on holiday. Selling mainly concentrates on Aussie and Kiwi, with both breaking through last week's lows. But Euro and Yen are not too far away. Sterling and Canadian are mixed for now. Three central banks will hike interest rates this week and lots of important economic data are featured. Let's fasten our seat belts. Technically, Dollar pairs will be the focuses today. Levels to watch include 1.0470 temporary low in EUR/USD, 0.8579 temporary top in USD/CHF, 131.24 in USD/JPY and 1.2879 in USD/CAD. Firm break of these levels together should confirm resumption of broad based rally in Dollar. In Asia, at the time of writing, Nikkei is down -0.09%. Japan 10-year JGB yield is up 0.0145 at 0.234. Singapore Strait Times is up 0.65%. |