Swiss Franc and Yen are both under some selling pressure today, following rallying major global treasury yields. Sterling is weighed down by weak retail sales while Euro is not too far away. Dollar is mixed and Canadian and Aussie are the relatively stronger ones. The economic calendar is light in US session, and risk markets development would drive the forex markets towards the end of the week. Technically, GBP/CHF could finally be making a decision to break through 1.2790 resistance in a firm way. The development would argue that corrective pattern from 1.3070 has completed at 1.2467. Further rise is now in favor as long as 55 day EMA holds, to retest 1.3070 high. EUR/CHF is on track to 1.0985 resistance and break will pave the way to retest 1.1149 high. USD/CHF is also resuming whole rise from 0.8925 to retest 0.9471 resistance. In Europe, at the time of writing, FTSE is up 0.06%. DAX is down -0.02%. CAC is up 0.32%. Germany 10-year yield is up 0.0312 at -0.269. Earlier in Asia, Nikkei rose 0.58%. Hong Kong HSI rose 1.03%. China Shanghai SSE rose 0.19%. Singapore Strait Times rose 0.22%. Japan 10-year JGB yield rose 0.0047 to 0.050. | 