 Euro is trying to extend recent rally, but the gains also so far concentrated against Sterling and Swiss Franc. Persistent flow of hawkish comments from ECB official is support the common currency nevertheless. Australian Dollar and Yen are currently the stronger ones for the day. The Pound, Franc and Dollar are the weaker ones. Technically, EUR/CHF's break of 0.9698 resistance should confirm short term bottoming at 0.9550, on bullish convergence condition in 4 hour MACD. EUR/GBP's rally is continuing and break of 0.8585 resistance would set the stage for retesting 0.8720 high. However, EUR/USD is still struggling in established range of 0.9899/1.0094. Downside breakout remains in favor in EUR/USD, but let's see. In Europe, at the time of writing, FTSE is up 0.08%. DAX is up 1.64%. CAC is up 0.88%. Germany 10-year yield is down -0.011 at 1.495. Earlier in Asia, Nikkei rose 1.14%. Hong Kong HSI dropped -0.37%. China Shanghai SSE dropped -0.42%. Singapore Strait Times rose 0.53%. Japan 10-year JGB yield dropped -0.0155 to 0.227. | 
