Commodity currencies remained generally pressured in Asian session today. While DOW and S&P 500 managed to reverse initial losses to close at new record highs, there is no follow through risk-on sentiment in Asia. Canadian Dollar is additionally weighed down with WTI crude oil dipping below 68 handle. Aussie is getting not particular support from the balanced RBA minutes. Yen and Swiss Franc are still the stronger ones, but Dollar is trying to catch up, against others. Technically, USD/CAD is now eyeing 1.2605 minor resistance as rebound from 1.2421 resumes. Firm break there will suggest that pull back from 1.2805 has already completed and bring retest of this high. At the same time, AUD/USD is dipping towards 0.7288 low. Break there will resume the larger decline from 0.8006. Both developments could signal further selling in commodity currencies elsewhere. In Asia, at the time of writing, Nikkei is up 0.17%. Hong Kong HSI is down -0.40%. China Shanghai SSE is down -0.43%. Singapore Strait Times is down -0.48%. Japan 10-year JGB yield is up 0.0031 at 0.020. Overnight, DOW rose 0.31%. S&P 500 rose 0.26%. NASDAQ dropped -0.20%. 10-year yield dropped -0.040 to 1.257. | 