Euro dips broadly after ECB delivered a 75bps rate hike without additional hawkish surprise. But Aussie and Kiwi are the worst performers for today so far. Swiss Franc is rallying, thanks to buying against Euro, while Dollar is trading slightly firmer. Yen and Sterling are both consolidating this week's losses. Technically, EUR/CHF's break of 0.9696 minor support could be a sign that Euro sellers are back. Deeper fall is in favor to retest 0.9550 low and break will resume larger down trend. Let's see if that will happen. In Europe, at the time of writing, FTSE is down -0.68%. DAX is down -1.40%. CAC is down -0.80%. Germany 10-year yield is up 0.082 at 1.658. Earlier in Asia, Nikkei rose 2.31%. Hong Kong HSI dropped -1.00%. China Shanghai SSE dropped -0.33%. Singapore Strait Times rose 0.71%. Japan 10-year JGB yield rose 0.0042 to 0.252. |