Yen stays generally soft in relatively quiet markets in Asia. But Dollar also softens slightly. On the other hand, Australian Dollar is firmer up on steady market sentiment, as followed by Swiss Franc and Euro. Sterling and Canadian are mixed for now. The economic calendar is light this week. The most market moving even would be on US CPI release on Wednesday, unless there is significant geopolitical developments. Technically, AUD/JPY is resuming near term rebound from 990.51 by breaching last week's high at 93.79. Corrective pattern from 96.86 high could have completed with three waves down to 90.51. Further rise is now in favor as long as 92.22 minor support holds, towards 95.68 resistance next. Break there will argue that larger up trend is ready to resume through 96.86 high. Such development will be monitor to verify the strength of underlying risk-on sentiment, if stock market rallies continue this week. In Asia, at the time of writing, Nikkei is up 0.27%. Hong Kong HSI is down -0.70%. China Shanghai SSE is up 0.18%. Singapore Strait Times is down -0.58%. Japan 10-year JGB yield is up 0.0117 at 0.174. | 