 Dollar and Euro are so far the worst performer in quiet trading today. The greenback is clearly weighed down again by stocks' rise and yield's decline. There are news that China's Shanghai is back in tougher restrictions, but investors are not too bothered. Canadian Dollar is also soft after data showed retail sales contraction. Meanwhile, New Zealand Dollar is the strongest one, looking ahead to tomorrow's historical 75bps rate hike by RBNZ. Swiss Franc is also strengthening slightly together with Sterling. Technically, while NZD/USD recovered today, it's held well inside range of 0.6063 and 0.6205. Further rally is in favor as long as 0.6063 minor support holds. But NZD/USD would then be facing long term fibonacci level of 38.2% retracement of 0.7463 to 0.5511 at 0.6257. Loss of upside momentum could limit upside there, and break of 0.6063 minor support would indicate the start of a near term pull back, at least. In Europe, at the time of writing, FTSE is up 0.70%. DAX is up 0.14%. CAC is up 0.08%. Germany 10-year yield is up 0.018 at 2.011. Earlier in Asia, Nikkei rose 0.61%. Hong Kong HSI dropped -1.31%. China Shanghai SSE rose 0.13%. Singapore Strait Times rose 0.28%. Japan 10-year JGB yield dropped -0.0012 to 0.245. | 
