 The forex markets are relatively quiet as quarter end approaches. Sterling remains stuck in range as Brexit stalemate continues. The UK Parliament continued to tell the world what they don't want regarding Brexit, but not they really want. Meanwhile, US-China trade talks are resuming in Beijing today. There are reports of unprecedented progress in the negotiations. Yet it remains uncertain when the deal would be reached, or whether it could be. Treasury yields extended recent decline with US 10-year yield firmly taken out 2.4 handle overnight. US yield curve inversion continue to worsen but there is no clear responses from the stock markets yet. Technically, Euro will be an interest currency to watch today. Other than New Zealand Dollar, Euro's weakness is most apparent. Recession worries, falling treasury yields and Brexit stalemate are all playing a part. EUR/CHF is now pressing key support level 2018 low at 1.1173 after recent extended decline. Decisive break there will resume larger down trend from 1.2004. EUR/JPY is pressing 123.82 minor support. Break will resume the fall from 127.50 and solidify near bearish reversal for 118.62 low. EUR/GBP recovered just ahead of 0.8474 support but looks vulnerable to break to resume medium term down trend. EUR/USD's fall from 1.1448 is also in progress for 1.1176 low. In Asia, Nikkei is currently down -1.37%. Hong Kong HSI is up 0.03%. China Shanghai SSE is down -0.26%. Singapore Strait Times is up 0.24%. Japan 10-year JGB yield is down -0.016 at -0.082. Overnight, DOW dropped -0.13%. S&P 500 dropped -0.46%. NASDAQ dropped -0.63%. 10-year yield dropped -0.040 to 2.374. | 
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