Euro and Sterling are the relatively stronger ones today, but gains are so far limited. The rallies are still capped by the war uncertainties. Economic data is not really playing a role here, considering the UK job data was solid while German economic sentiment plunged. Meanwhile, Canadian Dollar and Swiss Franc are the softest ones, followed by Dollar. Yen's selling looks exhausted ahead of a key resistance level against the greenback. Technically, a focus will be on whether Euro and Sterling could real stage a sustainable rebound. EUR/CHF and EUR/JPY are performing well. But EUR/USD is still limited below 1.1120 resistance. For Sterling, GBP/USD is held below 1.3193 resistance, GBP/JPY below 155.20 resistance. These levels need to be broken to confirm a short term turnaround in both currencies. In Europe, at the time of writing, FTSE is down -0.62%. DAX is down -0.62%. CAC is down -0.64%. Germany 10-year yield is down -0.035 at 0.333. Earlier in Asia, Nikkei rose 0.15%. Hong Kong HSI dropped -5.72%. China Shanghai SSE dropped -4.95%. Singapore Strait Times rose 0.12%. Japan 10-year JGB yield rose 0.0154 at 0.211. | 