 Australia Dollar tumbles broadly today as markets are dissatisfied with RBA's dovish stance, even though yield curve control is abandoned. Commodity currencies are also trading generally lower. On the other hand, Yen is staging a strong rebound after Japanese Finance Minister Shunichi Suzuki said he's keeping an eye on the weakening exchange rate. The move is also accompanied by pull back in both Nikkei and benchmark JFB yield. Dollar and Euro are also trading mildly firmer. Technically, EUR/GBP's break of 0.8474 minor resistance suggests short term bottoming at 0.8401. We'll see if that would be translated into break of 1.3646 support in GBP/USD, or stronger rebound in EUR/USD, or both. At the same time, USD/JPY is also extending the consolidation pattern from 114.69 as another falling leg. Break of 113.24 would bring deeper correction. In Asia, at the time of writing, Nikkei is down -0.56%. Hong Kong HSI is up 0.74%. China Shanghai SSE is down -0.62%. Singapore Strait Times is up 0.09%. Japan 10-year JGB yield is down -0.0107 at 0.086. Overnight, DOW rose 0.26%. S&P 500 rose 0.18%. NASDAQ rose 0.63%. 10-year yield rose 0.018 to 1.575. | 
