Trading continued to be rather subdued in Asian session. Major pairs and crosses are staying inside yesterday's range, as well as last week's range. Sterling is currently the weakest one, after failing to follow through the rally attempt earlier this week. Dollar is the next weakest for now. On the other hand, Aussie and Swiss Franc are the stronger ones. In other markets, Gold is back below 1900 handle as rally falters. WTI oil is also losing upside momentum after breaching a near term resistance. Technically, Swiss Franc will be a focus today, as USD/CHF is heading back to 0.8929 support. Break there will resume the decline from 0.9471 and target 0.8756 low. GBP/CHF is also heading back to 1.2645 minor support, break there will raise the chance that decline from 1.3070 is resuming through 1.2579 low. In Asia, at the time of writing, Nikkei is up 0.39%. Hong Kong HSI is down -0.50%. China Shanghai SSE is down -0.65%. Singapore Strait Times is down -0.85%. Japan 10-year JGB yield is down -0.0006 at 0.079. Overnight, DOW rose 0.13%. S&P 500 dropped -0.05%. NASDAQ dropped -0.09%. 10-year yield rose 0.034 to 1.615. |