Dollar and Yen recover mildly in a mixed Asian session today, while commodity currencies are mildly today. But major pairs and crosses are all bounded inside Friday's range so far. China data provided some support to Hong Kong and China stocks but Japanese Nikkei is in another sharp decline. Gold is extending near rebound, while Bitcoin is in free fall again. Technically, the focus remains on whether Dollar's recovery last week has completed, or it's still extending near term range trading. Focus will stay on 1.2181 resistance in EUR/USD, 1.4165 resistance in GBP/USD, 0.8984 support in USD/CHF and 1.0244 support in USD/CAD. In Asia, at the time of writing, Nikkei is down -1.26%. Hong Kong HSI is up 0.38%. China Shanghai SSE is up 1.02%. Singapore Strait Times is up 0.19%. Japan 10-year JGB yield is down -0.0061 at 0.079. |