Dollar's decline resumed overnight and stays soft in Asian session today. Though, intensity of the selloff remains relatively weak. FOMC minutes is a feature today but that's unlikely to provide any inspiration for the greenback. Sterling is indeed still the worst performing one for the week for now, as weighed down by fresh lockdowns. As for today, New Zealand and Australian Dollars are the strongest, followed by Swiss Franc. Technically, Gold is losing momentum ahead of 1965.50 resistance, but there is no confirmed sign of topping yet. Any intensifying sell-off in Dollar could prompt upside acceleration in Gold through the resistance. Though, a break of 1934.12 support will sign a pull back, and be a pre-sign of Dollar's rebound against other major currencies. In Asia, Nikkei closed down -0.38%. Hong Kong HSI is down -0.09%. China Shanghai SSE is up 0.18%. Singapore Strait Times is down -0.09%. Japan 10-year JGB yield is up 0.0051 at 0.020. Overnight, DOW rose 0.55$%. S&P 500 rose 0.71%. NASDAQ rose 0.95%. 10-year yield rose 0.038 to 0.955. |