The markets are generally trading in risk-on mode today. New Zealand Dollar is leading commodity currencies higher, with additional boost from hawkish RBNZ rate hike. Australian Dollar is following closely, then Canadian Dollar. on the other hand, Yen and Dollar are under some selling pressure. Euro and Sterling are mixed despite hawkish comments from ECB and BoE officials. Technically, AUD/USD's break of 0.7247 resistance reaffirmed near term bullishness and resume rise form 0.6966. Further break of 0.7313 will add to the case of bullish trend reversal. At the same time, EUR/AUD 's diving to 1.5559 support and bring will pave the way back to 1.5250 low. Break of 84.27 resistance in AUD/JPY will also resume the whole rise from 78.77 to retest 86.24. Attention will be paid to these levels to confirm underlying strength of Aussie. In Europe, at the time of writing, FTSE is up 0.68%. DAX is up 1.07%. CAC is up 1.37%. Germany 10-year yield is down -0.001 at 0.244. Earlier in Asia, Hong Kong HSI rose 0.60%. China Shanghai SSE rose 0.93%. Singapore Strait Times dropped -0.06%. Japan was on holiday. | 