Euro trades broadly higher in Asian session as it finally takes out near term resistance against Dollar and Yen. Swiss Franc is following the common currency closely as second strongest. Gold is also tracking the Euro higher too. Dollar and Yen continue to stay under broad based pressure. The limelight is currently off Australian Dollar as markets shrug off RBA monetary policy decisions, as well as the data released from Australia and China. Technically, a question now is whether Euro buying will spread to other pairs. Levels to watch included 0.8974 minor resistance in EUR/GBP, 1.6297 minor resistance in EUR/AUD and 1.5646 minor resistance in EUR/CAD. 1.0849 resistance in EUR/CHF is also a key level but we're not expecting a break there for now yet. In Asia, currently, Nikkei is down -0.03%. Hong Kong HSI is up 0.08%. China Shanghai SSE is down -0.05%. Singapore Strait Times is down -0.61%. Japan 10-year JGB yield is down -0.0096 at 0.045. Overnight, DOW dropped -0.78%. S&P 500 dropped -0.22%. But NASDAQ rose 0.68% to 11755.45, new record. 10-year yield dropped -0.036 to 0.693, back below 0.7% handle. | 