Trading continues to be relatively subdued in the forex markets. US Treasury Janet Yellen's comments prompted selloff in stocks overnight. But reactions in currencies were just mild, with most pairs and crosses range bound. Strong job data from New Zealand is giving the Kiwi a lift, while Aussie is supported by strong construction data. Yen and Dollar turn a bit softer. Technically, NZD/USD recovered notably after drawing support from 0.7120. Near term bullishness is somewhat retained. Break of 0.7285 will resume the rebound from 0.6942 back to retest 0.7463 high. That could be accompanied by break of 0.7815 in AUD/USD towards 0.8006 high. However, both pairs could also take out 0.7120 and 0.7676 support respectively, to target 0.6942 and 0.7530 support levels. In Asia, at the time of writing, Hong Kong HSI is up 0.01%. Singapore Strait Times is down -0.85%. Japan and China are still on holiday. Overnight, DOW rose 0.06%. S&P 500 dropped -0.67%. NASDAQ dropped -1.88%. 10-year yield dropped -0.015 to 1.592. | 