 The markets are relatively quiet in Asian session with an empty economic calendar. Aussie recovers mildly as markets are paring back expectations of imminent RBA rate cut in October. Even Westpac pushed back the forecast to November as the theme of "Team Australia", announcement of monetary and fiscal stimulus on the same day on October 6, didn't play out well last week. Dollar is currently the weakest one, paring back some of last week's gains. Technically, Dollar's retreat is somewhat helping the Japanese Yen mildly. EUR/JPY breaks last week's low and it's now eyeing 122.23. Decisive break there will bring deeper fall towards next fib level at 119.25. 104.92 minor support in USD/JPY could be the key to decide whether Yen could take off. Break would indicate completion of recent rebound form 104.00 in USD/JPY. That would likely drag other Yen crosses lower too. In Asia, currently, Nikkei is up 0.91%. Hong Kong HSI is up 0.98%. China Shanghai SSE is up 0.29%. Singapore Strait Times is up 0.47%. Japan 10-year JGB yield is up 0.0012 at 0.023, appears to be safe above 0% level. | 
