Euro softens mildly after ECB announced to speed up PEPP purchases in the next quarter. But loss is relatively limited as the overall envelop was kept unchanged. Dollar and Yen are currently the worst performing one for today, on the back of risk-on sentiments. Commodity currencies are currently the stronger ones, as led by Aussie. Focus will now be back on US 30-year auctions, and development in yields and stocks. Technically, EUR/USD's break of 1.1951 resistance suggests short term bottoming at 1.1834. Stronger rebound is now in favor. As for Euro, a focus will be on 129.96 resistance in EUR/JPY. Break there will resume EUR/JPY's recent up trade and could help solidify EUR/USD's rebound. As for Dollar, break of 1740.32 resistance in Gold will indicate short term bottoming, and add some pressure to the greenback. In Europe, currently, FTSE is up 0.03%. DAX is up 0.09%. CAC is up 0.24%. Germany 10-year yield is down -0.0301 at -0.343. Earlier in Asia, Nikkei rose 0.60%. Hong Kong HSI rose 1.65%. China Shanghai SSE rose 2.36%. Singapore Strait Times rose 0.85%. Japan 10-year JGB yield dropped -0.0205 to 0.105. | 