 Dollar and Yen are recovering mildly today but overall major pairs and crosses are stuck in very tight range. European majors are the weaker ones, with Sterling having a lower handle. Commodity currencies are mixed. Trading is also quiet in other markets with Gold continuing to hover slightly above 1800 handle. WTI crude oil is gyrating in tight range below 115. Bitcoin is flip-flopping around 30k. A surprise could be found in US 10-year yield ahead, which might reclaim 3% handle. That could help give Dollar a lift against Yen. Technically, it looks like Sterling has already failed near term resistance level, after today's CPI data provided no fuel for further rally. GBP/USD retreated well ahead of 1.2637 resistance, and GBP/JPY ahead of 161.16 minor resistance. EUR/GBP also recovered ahead of 0.8365 support. There is slightly more prospect of more downside in the pound. In Europe, at the time of writing, FTSE is down -0.47%. DAX is down -0.50%. CAC is down -0.51%. Germany 10-year yield is up 0.0235 at 1.076. Earlier in Asia, Nikkei rose 0.94%. Hong Kong HSI rose 0.20%. China Shanghai SSE dropped -0.25%. Singapore Strait Times rose 0.73%. Japan 10-year JGB yield rose 0.0016 to 0.246. | 
