New Zealand Dollar weakens in Asian session after RBNZ rate hike, and leads other commodity currencies lower. Dollar firms up mildly as it's ready to extend recent rally, except versus Yen for now. European majors are mixed, with Sterling have a mild upper hand against Euro and Swiss Franc. Gold is treading water below 1800 handle for now, while WTI crude oil is trying to regain 78 level. Technically, the main focus will be on Dollar against European majors. While EUR/USD broke key support level around 1.13, there is no downside acceleration yet. GBP/USD's break of 1.3351 support also looks non-committal. We'd see if today's set of data and FOMC minutes could finally prompt more sustainable buying in the greenback against Europeans. In Asia, at the time of writing, Nikkei is down -1.64%. Hong Kong HSI is down -0.06%. China Shanghai SSE is down -0.10%. Singapore Strait Times is up 0.15%. Japan 10-year JGB yield is up 0.0122 at 0.087. Overnight, DOW rose 0.55%. S&P 500 rose 0.17%. NASDAQ dropped -0.50%. 10-year yield jumped 0.042 to 1.667. |