The markets are staying in holiday mood today, with little news flow and no important data release. There is nothing to stop Yen's decline. But as risk sentiments turned steady, commodity currencies are paring some gains. Instead, Sterling is outshining others and it's trading mildly higher broadly. Dollar is firm with Euro but there is no follow through buying in both for a noticeable rebound. Technically, Gold's decline is picking up momentum today and it's now back below 1800 handle. Immediate focus is now back on 1784.78 support. Firm break there will argue that recovery from 1752.32 has completed with three waves up to 1820.02. Fall from 1877.05 is then ready to resume through 1752.32. In Europe, at the time of writing, FTSE is up 0.80%. DAX is down -0.56%. CAC is down -0.21%. Germany 10-year yield is up 0.0376 at -0.210. Earlier in Asia, Nikkei dropped -0.56%. Hong Kong HSI dropped -0.83%. China Shanghai SSE dropped -0.91%. Singapore Strait Times rose 0.31%. Japan 10-year JGB yield dropped -0.0042 to 0.060. | 