The selloff in Yen remains the major theme in the market today, but both Dollar and Euro are also now under some pressure. For now, New Zealand Dollar is winning the race, followed by Aussie and Sterling. Swiss Franc and Canadian Dollar are mixed. In other markets, major European indexes are trading slightly in black, so are US futures. Europe and US benchmark treasury yields are extending rally. Technically, Sterling is displaying some strength today. EUR/GBP's break of 0.8358 minor support suggests completion of rebound from 0.8201. Deeper fall would be seen back to retest this low. GBP/USD's break of 1.3210 minor resistance suggest resumption of rebound from 1.2999, for 55 day EMA at 1.3361. GBP/JPY also break through 158.19 resistance decisively to resume medium term up trend. In Europe, at the time of writing, FTSE is up 0.51%. DAX is up 0.78%. CAC is up 0.75%. Germany 10-year yield is up 0.055 at 0.525. Earlier in Asia, Nikkei rose 1.48%. Hong Kong HSI rose 3.15%. China Shanghai SSE rose 0.19%. Singapore Strait Times dropped -0.16%. Japan 10-year JGB yield rose 0.0111 to 0.219. | 