Euro drops broadly today following sharp decline in Germany ZEW economic sentiment. Swiss Franc is following down closely too. On the other hand, New Zealand Dollar remains the strongest on RBNZ rate speculations while Australian Dollar follows as support by RBA tapering. Yen and Dollar are mixed, together with Sterling. European stocks are trading mildly lower while US futures point to mixed open. Technically, EUR/JPY's break of 131.21 minor support suggests that deeper fall is ongoing towards 130.02 support. The selling follows EUR/AUD's break of 1.5699 support level today. Now, focuses are on 0.8529 support in EUR/GBP and and 1.1806 support in EUR/USD. Break of these levels could further spillover Euro selling to other pairs. In Europe, at the time of writing, FTSE is down -0.19%. DAX is down -0.31%. CAC is down -0.26%. Germany 10-year yield is down -0.014 at -0.221. Earlier in Asian, Nikkei rose 0.16%. Hong Kong HSI dropped -0.25%. China Shanghai SSE dropped -0.11%. Singapore Strait Times rose 1.58%. Japan 10-year JGB yield rose 0.0104 to 0.046. |