New Zealand Dollar is the star winner in Asian session today on RBNZ rate speculations. The Kiwi has taken Aussie higher today, but the latter lost some steam after unsurprising RBA policy decision. Though, Aussie is still maintaining most of gains, together with Sterling. On the other hand, Dollar, Yen and Euro are the weakest ones. Technically, EUR/AUD's break of 1.5699 support is the first sign of near term bearish reversal. Deeper fall could be seen back to 1.5418 support next. The question is whether that would be accompanied by break of 0.7615 resistance in AUD/USD to indicate Aussie strength. Or break of 0.8529 support in EUR/GBP to indicate Euro weakness. We'll see. In Asia, at the time of writing, Nikkei is up 0.33%. Hong Kong HSI is down -0.58%. China Shanghai SSE is down -0.53%. Singapore Strait Times is up 1.18%. Japan 10-year JGB yield is up 0.0092 at 0.045. |