 Euro weakens broadly after ECB kept monetary policies unchanged. While president Mario Draghi delivered not much new in the press conference, he did acknowledged that downside risks are materializing. Recovery in EUR/USD and EUR/JPY now look rather short-lived. Meanwhile, Dollar is mixed after CPI data offered nothing for Fed to shift from its patient stance. Yen is popped up by falling treasury yields in Germany in US. Sterling is firmer in range as EU's decision on another Brexit extension is awaited. European Council President Donald Tusk is proposing a "flextension" of up to one year while UK can leave any time it's ready. It's reported that German Chancellor Angela Merkel prefers extension of "several months". Francs is said to be pushing for conditions to make sure UK can't disrupt EU businesses. We'll know the answer by the end of the day. But in any case, it's highly unlikely for UK Prime Minister Theresa May to get an extension just till June 30. Technically, EUR/JPY's break of 124.96 minor support suggests that recovery from 123.65 has completed. More importantly, the choppy decline from 127.50 is possibly still in progress for another low below 123.65. EUR/USD will have 1.1210 minor support in sight after recovery lost steam. Break will put 1.1176 key support back into focus. EUR/AUD could also be heading to 1.5714/21 support zone and break will resume larger decline. In other markets, US stocks open mixed but 10-year yield is back under pressure again. In Europe, FTSE is down -0.07%. DAX is up 0.53%. CAC is up 0.27%. German 10-year yield is down -0.243 at -0.032, deeper in negative. Earlier in Asia, Nikkei dropped -0.53%. Hong Kong HSI dropped -0.13%. China Shanghai SSE rose 0.07%. Singapore Strait Times rose 0.06%. Japan 10-year JGB yield dropped -0.0101 to -0.055. | 
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