Swiss Franc, Dollar and Yen rise strongly today on risk-off sentiment as geopolitical tensions around Ukraine escalate. Aussie is currently the worst performing one, followed by Sterling and then Kiwi. Euro and Canadian are mixed. In the back ground, markets are also preparing for some hawkish comments from Fed later in the week to set the stage for the start of rate hike cycle in March. In other markets, cryptocurrencies are extending recent free fall. Silver weakens notably but Gold is steady. Oil is extending range trading. Technically, AUD/USD's break of 0.7128 support suggests that recent choppy rebound from 0.6992 has completed at 0.7313. USD/CAD 's break of 1.2619 also indicate that fall from 1.2963 has completed at 1.2588. Even worse, NZD/USD has already resumed the choppy fall from 0.7463. It looks like sentiment will only get worse before getting better. In Europe, at the time of writing, FTSE is down -1.37%. DAX is down -2.16%. CAC is down -2.16%. Germany 10-year yield is down -0.025 at -0.089. Earlier in Asia, Nikkei rose 0.24%. Hong Kong HSI dropped -1.24%. China Shanghai SSE rose 0.04%. Singapore Strait Times dropped -0.35%. Japan 10-year JGB yield rose 0.0027 to 0.139. | 