Dollar and Yen recover some ground in mixed Asian session today. Stocks in Japan and Hong Kong are slightly down by China and Singapore are steady. Much weaker than expected services data from China triggered little reactions. Swiss Franc is retreating against other major currencies but losses are limited. Commodity currencies are softening somewhat. With US on holiday, main focus will be on Eurozone Sentix investor confidence. Technically, we'd see that Euro is a bit vulnerable in crosses. With rebound from 1.0863 likely completed at 1.0985, EUR/CHF would be heading back to retest 1.0863. Such development could drag Euro lower, in particular against commodity currencies. Eyes will be on 1.4580 low in EUR/CAD first, and then 1.5699 support in EUR/AUD. Break of these levels will add to near term bearishness in Euro. In Asia, at the time of writing, Nikkei is down -0.60%. Hong Kong HSI is down -0.22%. China Shanghai SSE is up 0.25%. Singapore Strait Times is up 0.22%. Japan 10-year JGB yield is down -0.0086 at 0.038. | 