Yen's weakness remains the main theme today as selloff in major global treasuries continue. US 10-year yield breaches 2.9 handle while Germany 10-year yield breaches 0.94. UK 10-year Gilt yield is also heading towards 2% handle. Swiss Franc is following as second weakest together with Canadian Dollar. On the other hand, Aussie and leading the way up, followed by Euro, which is rebounding against Sterling and Franc. Dollar is mixed in between, awaiting the next guidance. Technically, EUR/CHF's rebound from 1.0086 extended higher today but retreated just ahead of near term falling channel resistance. For now further rise is in favor as long as 1.0165 minor support intact. Break of the channel resistance will set up further rally for 1.0400 resistance. However, break of 1.0165 will indicate rejection by the channel resistance and bring retest of 1.0086. EUR/CHF's next move could be a hint on the sustainability of Euro's rebound. In Europe, at the time of writing, FTSE is down -0.42%. DAX is down -0.66%. CAC is down -1.16%. Germany 10-year yield is up 0.105 at 0.946. Earlier in Asia, Nikkei rose 0.69%. Hong Kong HSI dropped -2.28%. China Shanghai SSE dropped -0.05%. Singapore Strait Times rose 0.12%. Japan 10-year JGB yield rose 0.0033 to 0.245. | 