 Directions in the forex markets are not very clear for now as consolidations continued. There were lots of reasons for a move but traders remained generally cautious. The US is stepping up its hardline rhetoric on China, and prompted some worries of RBA Governor. Italy is in political turmoil as the Prime Minister resigned. UK looks set in tight deadlock with EU regarding Irish backstop as Brexit date approaches. Yet, there is no follow through movements after the news. Technically, risk aversion looks ready to come any time though. EUR/JPY continues to press 117.51 temporary low. USD/JPY and GBP/JPY have been clearly in consolidations since hitting 105.04 and 125.64 respectively. EUR/CHF attempted to recover but it's limited comfortably below 1.0922 minor resistance. USD/CHF's recovery continued to lose upside momentum and focus is back on 0.9762 minor support. Sit tight. In Asia, Nikkei is currently down -0.37%. Hong Kong HSI is up 0.15%. China Shanghai SSE is up 0.01%. Singapore Strait Times is down -0.40%. Japan 10-year yield is down -0.0047 at 0.24. Overnight, DOW dropped -0.66%. S&P 500 dropped -0.79%. NASDAQ dropped -0.68%. 10-year yield dropped -0.037 to 1.561. | 
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