 Dollar extends its near term rally in Asian session, with support from risk-off sentiment, while US 10-year yield is flirting with 4% handle. Yen is also firm, and has the potential to overwhelm the greenback if Japan steps into the markets again. Commodity currencies are the weakest one so far, with Aussie being the worst. European majors are mixed for now. Technically, Dollar's rally is making progress with break of 1.3832 resistance in USD/CAD and 0.9964 resistance in USD/CHF. NZD/USD has also resumed down trend by falling through 0.5563 support. Near term outlook will stay bearish in NZD/USD as long as 0.5812 support holds. Next target is pandemic low at 0.5467. In Asia, at the time of writing, Nikkei is down 2.54%. Hong Kong HSI is down -1.56%. China Shanghai SSE is up 0.40%. Singapore Strait times is down -0.12%. Japan 10-year JGB yield is down -0.0011 at 0.253. | 
