Australian Dollar softens mildly after RBA expands asset purchases by another AUD 100B. Also, it pledges to keep interest rate unchanged at current level until at least 2024. On the other hand, New Zealand Dollar and Canadian Dollar are the relatively stronger ones. But for now, both are capped below yesterday's highs. Euro would be a focus as it continues to stay as weakest together with Swiss Franc. Dollar and Yen are mixed for now. Technically, 1.2052 support is again in focus in EUR/USD. Break will the resume the correction from 1.2348. Correspondingly, EUR/JPY retreats sharply after failing 127.48 resistance. Break of 126.25 minor support will extend the consolidation pattern from 127.48 with another falling leg. EUR/CAD is also eyes 1.5417 as the stronger than expected rebound from 1.5266 lost momentum. Break will signal return of weakness in EUR/CAD and bring retest of 1.5266 low. In Asia, currently, Nikkei is up 0.81%. Hong Kong HSI is up 1.40%. China Shanghai SSE is up 0.69%. Singapore Strait Times is up 0.51%. Japan 10-year JGB yield is down -0.004 at 0.057. Overnight, DOW rose 0.76%. S&P 500 rose 1.61%. NASDAQ rose 2.55%. 10-year yield dropped -0.016 to 1.077. | 