Dollar, Yen and Swiss Franc turned slightly weaker in quiet markets today. Euro is supported by better than expected investor sentiment data, while Sterling also recovers. New Zealand Dollar is also trading higher but Australian and Canadian Dollar are lagging behind. Gold is back above 1800 handle but has yet to break through 1833 key resistance level. WTI oil is range bound at around 82. Bitcoin is now trying to resume up trend for new record. Technically a focus is now on 1.0602 minor resistance in EUR/CHF and break there will indicate short term bottoming, to be followed by stronger rebound. EUR/USD and GBP/USD are also recovering notably. Break of 1.1615and 1.3604 respectively will likely bring stronger rebound in both pairs. In Europe, at the time of writing, FTSE is down -0.05%. DAX is down -0.18%. CAC is up 0.26%. Germany 10-year yield is up 0.0243 at -0.253. Earlier in Asia, Nikkei dropped -0.35%. Hong Kong HSI dropped -0.43%. China Shanghai SSE rose 0.20%. Singapore Strait Times rose 0.66%. Japan 10-year JGB yield dropped -0.0024 to 0.061. |