 Euro receives a wave of buying in European session, partly as lifted by improving investor confidence data. EUR/USD's break of last week's high is a positive development. Yet, the rally is not strong enough to warrant near term bullishness yet. Meanwhile, the common currency remains bounded in familiar range against Sterling, Yen and Aussie. More is needed to prove it's underlying strength. Staying in the currency markets, Yen is currently the strongest one as risk markets turned mixed. There is no follow through buying in the stock markets after last week's rally. Sterling is mixed as markets await fresh development in Brexit. For now, EU's granting of long extension before April 12 cliff edge seems to be the base case. New Zealand Dollar is the weakest one for now, followed by Dollar and then Aussie. Technically, EUR/USD is now looking at 1.1273 minor resistance with today's rise. Break will indicate short term bottoming for strong rebound back to 1.1448 resistance. USD/JPY could have a take on 111.18 minor support and bring will pave the way back to 109.71 support. In Europe, currently, FTSE is up 0.09%. DAX is down -0.25%. CAC is up 0.05%. German 10-year yield is down -0.0034 at 0.007, staying positive. Earlier in Asia, Nikkei dropped -0.21%. Hong Kong HSI rose 0.47%. China Shanghai SSE dropped -0.05%. Singapore Strait Times dropped -0.22%. Japan 10-year JGB yield dropped -0.017 to -0.046. | 
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