Yen stays general firm after earlier rally today, and Dollar is following. Euro shrugs off better than expected German economic sentiment data. Sterling and Swiss Franc are mixed. Australian and New Zealand Dollar are currently the weakest. Gold is firm but there is no follow through buying through 1833.79 key resistance. WTI oil treads water at around 82 handle. A focus is whether benchmark yields in US and Europe would extend recent decline. Technically, EUR/CHF would be a pair to watch today as it's struggling to extend rebound from 1.0532. Yet, break of 1.0602 resistance will indicate short term bottoming, and should bring stronger rise back to 1.0678 support turned resistance. If happens, that might help lift EUR/USD through 1.1615 minor resistance to 1.1691 near term resistance level. In Europe, at the time of writing, FTSE is down -0.06%. DAX is up 0.19%. CAC is up 0.23%. Germany 10-year yield is down -0.039 at -0.282. Earlier in Asia, Nikkei dropped -0.75%. Hong Kong HSI rose 0.20%. China Shanghai SSE rose 0.24%. Singapore Strait Times dropped -0.63%. Japan 10-year JGB yield rose 0.0048 to 0.066. |