 Australian Dollar weakens broadly in Asian session after RBA minutes suggested more rate cuts ahead. Commodity currencies are also generally lower on mild risk aversion. There is little support from news of US-Japan trade agreement. on the other hand, Swiss Franc and Euro are trading generally stronger, followed by Dollar. The greenback is supported by receding bets on Fed cut this week. Fed fund futures are only pricing in 65.8% chance of a -25bps cut to 1.75-2.00%. Technically, with today's fall, focus is turning to 0.6807 minor support in AUD/USD. Break will indicate completion of recent corrective rise from 0.6677 and bring retest of this low. EUR/AUD should have bottomed at 1.5905, ahead of 1.5894 key support. Further rise is in favor for 1.6308 support turned resistance next. Considering weakness in Yen crosses in general, USD/JPY's rebound from 104.45 is probably having just one leg up leg and upside should be limited by 109.31 resistance. In Asia, Nikkei is currently flat. Hong Kong HSI is down -1.39%. China Shanghai SSE is down -1.55%. Singapore Strait Times is down -0.55%. Japan 10-year JGB yield is up 0.0036 at -0.152. Overnight, DOW dropped -0.52%. S&P 500 dropped -0.31%. NASDAQ dropped -0.28%. 10-year yield dropped -0.062 to 1.841. | 
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