The recovery in Dollar and Yen appeared to be rather short-lived, as overall risk sentiment was steady. FOMC minutes affirmed market expectations of 50bps rate hikes ahead, which is not news. That triggered little reaction in the greenback. As for today, Euro is regaining some ground together with Swiss Franc. New Zealand Dollar is the weaker one with Yen. But Dollar is staying as the worst performer for the week. Technically, one focus is whether EUR/CHF would break through 1.0228 temporary low to resume the fall from 1.0513. If happens, that could set up EUR/CHF further fall back towards parity. That might also drag Euro down in other pairs, in particular EUR/JPY, which is still staying in the corrective pattern from 139.99. In Asia, at the time of writing, Nikkei is up 0.08%. Hong Kong HSI is down -0.13%. China Shanghai SSE is up 0.65%. Singapore Strait Times is up 0.81%. Japan 10-year JGB yield is up 0.15 at 0.227. Overnight, DOW rose 0.60%. S&P 500 rose 0.95%. NASDAQ rose 1.51%. 10-year yield dropped -0.011 to 2.749. | 