The forex markets turned mixed with an ultra-light economic calendar today, while the US is on holiday. Dollar is recovering slightly but it's outperformed by Swiss Franc and Canadian. Yen is paring some of recent gains, as eyes turn to Wednesday's BoJ policy decision. Sterling and Aussie are turning softer together with Euro. Overall, though, most major pairs and crosses are staying inside Friday's range. Technically, AUD/JPY could be a pair to watch in the upcoming Asian session with a batch of China data featured. So far, price actions from 87.00 are corrective looking. Rejection by 55 day EMA also keeps outlook bearish. Retest of 87.00 low should be seen on next move. Firm break there will resume whole fall form 99.32 to 38.2% retracement of 59.85 (2020 low) to 99.32 at 84.24. In Europe, at the time of writing, FTSE is up 0.10%. DAX is up 0.41%. CAC is up 0.37%. Germany 10-year yield is up 0.0250 at 2.165. Earlier in Asia, Nikkei dropped -1.14%. Hong Kong HSI rose 0.04%. China Shanghai SSE rose 1.01%. Singapore Strait Times dropped -0.31%. Japan 10-year JGB yield rose 0.0026 to 0.514. |