Selling in Dollar and Yen persists again today. New Zealand Dollar is currently the biggest winner, on increasing expectation of RBNZ rate hikes. While Aussie is also strong, Sterling is slightly stealing the show too, with help from renewed buying against Euro. The cautious comments from ECB policymakers are not giving much support to Euro, even though it's still gaining against the weak Dollar and Yen. Technically, Silver is outperforming Gold recently, as the rebound from 21.41 accelerates higher. The strong break of 55 day EMA now raises the chance that larger correction from 30.07 has completed at 21.41. Next focus will be 24.86 resistance. Firm break there will add more credence to this bullish case. We'd have on eye on whether Gold would rise through 1833.79 resistance in tandem, which in turn signals more selling in Dollar. In Europe, at the time of writing, FTSE is down -0.01%. DAX is up 0.5%. CAC is down -0.14%. Germany 10-year yield is up 0.0354 at -0.109. Earlier in Asia, Nikkei rose 0.65%. Hong Kong HSI rose 1.49%. China Shanghai SSE rose 0.70%. Singapore Strait Times rose 0.79%. Japan 10-year JGB yield dropped -0.0060 to 0.090. | 