Sterling and Euro are trading broadly higher today, together with Aussie. On the other hand, Yen and Dollar are both under some selling pressure. Rebound in Europe yield is a factor in driving the markets. We'll see if there is further rally in stocks before holidays that could push Dollar and Yen further lower. Technically, GBP/CAD's rally today should confirm that 1.7111 resistance is firmly taken out. Whole fall from 1.7884 has completed with three waves down to 1.6636. Further rally should be seen to 1.7623 resistance first, and possibly further to retest 1.7884. We'll see if GBP/USD would follow and break through 1.3373 resistance. In Europe, at the time of writing, FTSE is down -0.02%. DAX is down -0.05%. CAC is up 0.04%. Germany 10-year yield is up 0.0144 at -0.291. Earlier in Asia, Nikkei rose 0.16%. Hong Kong HSI rose 0.57%. China Shanghai SSE dropped -0.07%. Singapore Strait Times rose 0.08%. Japan 10-year JGB yield rose 0.0079 to 0.063. | 