Dollar and Yen rise again today as US futures point to sharply lower open. Yesterday's strong U-turn seems lacking momentum to extend. But selling focus has somewhat turned to European session, with Swiss Franc leading the way lower. Commodity currencies, except Kiwi, are mixed. In other markets, Gold is staying in tight range above 1830. WTI crude oil is in range above 83. Bitcoin is also consolidation around 36k. Technically, EUR/USD's break of 1.1284 support now suggests that larger down trend from 1.2348 is probably ready to resume through 1.1185 low. We'll now see USD/JPY would break through 115.05 minor resistance to reflect Dollar strength. Or it will break through 113.47 to indicate Yen strength, which could be see in downside acceleration in EUR/JPY in this case. In Europe, at the time of writing, FTSE is up 0.96%. DAX is up 0.55%. CAC is up 0.89%. Germany 10-year yield is up 0.0218 at -0.084. Earlier in Asia, Nikkei dropped -1.66%. Hong Kong HSI dropped -1.67%. China Shanghai SSE dropped -0.258%. Singapore Strait Times dropped -1.08%. Japan 10-year JGB yield rose 0.0018 to 0.141. |