Markets continue to tread water today, having basically no reaction to economic data and comments from central bankers. For now, European majors are the slightly stronger ones, as led by Sterling. Commodity currencies are the weaker ones, with the Loonie being the softest. Dollar and Yen are mixed for now. But still, most pair and crosses are stuck inside ranges of yesterday and last week. Technically, the more interesting developments are find in cryptocurrencies. Bitcoin's break of 20023 suggests that corrective recovery from 18144 might have completed at 21460 already. Deeper fall is now in favor back to retest 18144 support, and break will target this year's low at 17575. In Europe, at the time of writing, FTSE is down -0.02%. DAX is up 0.37%. CAC is up 0.02%. Germany 10-year yield is up 0.001 at 2.345. Earlier in Asia, Nikkei rose 1.25%. Hong Kong HSI dropped -0.23%. China Shanghai SSE dropped -0.43%. Singapore Strait Times rose 0.14%. Japan 10-year JGB yield dropped -0.0063 to 0.252. |