 Dollar is back under some selling pressure today as 10-year yield dips back below 4% handle. Broad risk sentiment is also mildly positive. European majors are generally weaker too, together with Canadian. Yen rebounds on falling yields, but it's outshone by New Zealand Dollar. Kiwi is supported additionally by buying against Aussie, which is also firm after today's RBA rate hike. Technically, NZD/USD's rebound from 0.5511 short term bottom resumed by breaking through 0.5872 temporary top. The break of 38.2% retracement of 0.6467 to 0.5511 at 0.5876 is another near term bullish sign. Further rally is expected as long as 0.5773 minor support holds. Next target is 61.8% retracement at 0.6102. Such development could be an early signal of stronger rebound in AUD/USD too. In Europe, at the time of writing, FTSE is up 1.48%. DAX is up 1.32%. CAC is up 1.62%. Germany 10-year yield is down -0.105 at 2.039. Earlier in Asia, Nikkei rose 0.33%. Hong Kong HSI rose 5.23%. China Shanghai SSE rose 2.62%. Singapore Strait Times rose 1.21%. Japan 10-year JGB yield rose 0.0073 to 0.252. | 
