 Dollar trades generally higher in Asian session today, rebound from near term support levels against Euro and Swiss Franc. The greenback is also seen losing some downside momentum against Sterling and Australian Dollar. Recovery in US treasury yields help and there is also some optimism on the result of US-China trade talks. Nevertheless, Canadian Dollar is even stronger for now, ahead of BoC rate decision on Wednesday. While BoC is generally expected to hold interest rate unchanged at 1.75%, it's not a total consensus. There is risk of an hawkish outcome from he central bank In Asian markets, Nikkei is currently trading up 1.03%. But momentum is weak elsewhere as Hong Kong HSI is just up 0.27%. Singapore Strait Times is up 0.22%. China Shanghai SSE is even down -0.20%. Nevertheless, Japan 10 year JGB yield turns positive today, currently up 0.0214 at 0.007. It was at as low as -0.045 last week. It's a positive development. Overnight, DOW closed up 0.42% at 23531.35. S&P 500 gained 0.70% while NASDAQ rose 1.26%. DOW is still limited by 23713.93 fibonacci level. S&P 500 is held by equivalent level at 2537.61. Also NASDAQ is kept relatively far below equivalent level at 6932.44. The post-Christmas rebounds are viewed as nothing more than a corrective rise for now. Development in the bond markets was positive though. Yield curve has flattened in the inverted range, from 1-year (2.600), 2-year (2.541), 3-year (2.525) to 5 year (2.539). Also, they're now back above federal funds rate target of 2.25-2.50%. Technically, EUR/USD is held in range below 1.1499 resistance and eventual downside break out is still in favor. USD/CHF also recovered after testing 0.9789 temporary low. GBP/USD is held below 1.2814 resistance and thus, keeping near term outlook bearish. USD/CAD's break of 55 day EMA now suggests that, at least, the decline from 1.3664 is going deeper towards 1.3118 fibonacci level. Yen crosses are now close to important resistance level and we'll see if the rebounds could extend. | 
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