 Commodity currencies remain generally weak today on mixed market sentiment. But buying is turned to European majors, with Swiss Franc having an upper hand. Dollar and Yen, on the other hand, soften mildly. The greenback has little reaction to record PPI reading. Meanwhile, it should be noted that major forex pairs are staying inside last week's range. In particular, there is no sign of range breakout in Dollar versus Yen and Europeans. Technically, though, Gold might be offering some hope for return to volatile. It dips notably again today after failing to sustain above 4 hour 55 EMA. We'd continue to favor a downside breakout for now. Break of 1761.76 will resume the fall from 1877.05 to 1721.46 support next. In Europe, at the time of writing, FTSE is up 0.35%. DAX is down -0.20%. CAC is down -0.03%. Germany 10-year yield is up 0.008 at -0.372. Earlier in Asia, Nikkei dropped -0.73%. Hong Kong HSI dropped -1.33%. China Shanghai SSE dropped -0.53%. Singapore Strait Times rose 0.04%. Japan 10-year JGB yield rose 0.0004 to 0.050. | 
