The financial markets continue to be relatively mixed entering into US session. Aussie and Kiwi are currently the strongest one, together with Yen. On the other hand, Dollar and Euro are the weakest ones, together with Loonie. European indexes are trading mildly higher but upside is limited. Gold and oil are also struggling in tight range. Technically, USD/JPY's breach of 109.32 support is a sign of Dollar weakness, or Yen strength, or both. We'll now see if it could accelerate further lower to 108.55 support. We'd also keep an eye on when Gold would break through 1895.94 to extend the rebound from 1855.30 to retest 1916.30 high. In that case, we might see renewed selling in the greenback elsewhere. In Europe, at the time of writing, FTSE is up 0.38%. DAX is up 0.10%. CAC is up 0.34%. Germany 10-year yield is up 0.0113 at -0.199. Earlier in Asia, Nikkei rose 0.27%. Hong Kong HSI dropped -0.45%. China Shanghai SSE rose 0.21%. Singapore Strait Times rose 0.79%. Japan 10-year JGB yield dropped -0.0048 to 0.081. |