Euro rebounds strongly today as some ECB policymakers continued to talk up the chance of a July rate hike. Canadian Dollar is following as second strongest, continuing to be supported by strong inflation data. Dollar is not performing too badly for now, as third strongest. On the other hand, New Zealand Dollar remains under pressured after CPI missed expectation. Yen is staying in consolidations in general despite decline attempt against some rivals. Sterling and Swiss Franc are mixed, with Aussie. Technically, EUR/USD breached 1.0922 minor resistance but lacks follow through buying. Firm break of this level should confirm short term bottoming and bring stronger rebound back towards 1.1184 resistance. Similarly, firm break of 0.8379 minor resistance in EUR/GBP would bring further rebound back to 0.8511 structural resistance. Developments in these two pairs will be watched to gauge the underlying strength in Euro. In Europe, at the time of writing, FTSE is up 0.32%. DAX is up 1.41%. CAC is up 1.88%. Germany 10-year yield is up 0.0197 at 0.875. Earlier in Asia, Nikkei rose 1.23%. Hong Kong HSI dropped -1.25%. China Shanghai SSE dropped -2.26%. Singapore Strait times rose 0.39%. Japan 10-year JGB yield dropped -0.0004 to 0.255. | 