Yen and Dollar remain the worst performing ones for today with markets generally in risk-on mode. Investors are awaiting US Treasury nominee Janet Yellen's Senate hearing for more information on the her stance on fiscal stimulus and Dollar exchange rate. Though, buying focuses turned from commodity currencies to Euro and Swiss Franc. Australian Dollar is still strong but Canadian Dollar is starting to lag behind. Technically, EUR/USD's break of 1.2131 minor resistance, and EUR/JPY's break of 125.91 resistance, suggest that the pull back from these two pairs have completed. Though, the recovery in EUR/GBP and EUR/AUD is still relatively weak. In particular, we're still expecting 1.5830 minor resistance in EUR/AUD to hold, with another decline through 1.5591 at sooner or later. We'll see if Aussie could take back the driving seat in the next move. In Europe, currently, FTSE is up 0.11%. DAX is up 0.25%. CAC is up 0.08%. Germany 10-year yield is up 0.0107 at -0.514. Earlier in Asia, Nikkei rose 1.39%. Hong Kong HSI rose 2.70%. China Shanghai SSE dropped -0.83%. Singapore Strait Times rose 0.18%. Japan 10-year JGB yield dropped -0.0026 to 0.047. | 