Dollar and Yen remain generally soft in quiet Asian session today. Nikkei staged a strong 2.2% rebound but there is little reaction in the currency markets. Major pairs and crosses are generally stuck inside Friday's range. Trading could remain subdued today with an ultra light economic calendar, without any significant release ahead. Yet volatility is certain with three central banks featured this week, with lots of data to be featured. Technically, main focus will be on whether movements in Dollar and Yen would confirm near term bearish reversal. Levels to watch include 1.1894 resistance in EUR/USD, 0.9151 support in USD/CHF, 131.02 resistance in EUR/JPY and 153.14 resistance in GBP/JPY. Break of these levels will likely have some spillover effects to pressure Dollar and Yen elsewhere. In Asia, Nikkei closed up 2.25%. Hong Kong HSI is up 0.54%. China Shanghai SSE is up 0.62%. Singapore Strait Times is up 0.21%. Japan 10-year JGB yield is up 0.0006 at 0.031. | 