 Yen weakens generally today in response to rebounds in Asian markets, as China and Hong Kong are back from holidays. Additionally, US 10-year yield closed mildly higher at 2.045 overnight, seemed to be drawing some support from 2% handle. But sentiments are still capped by uncertainties over US-China trade negotiations. For now, Dollar is the second weakest for today, followed by Swiss Franc. Commodity currencies are generally higher led by New Zealand Dollar. Technically, USD/JPY's break of 107.29 minor resistance dampens the original view of near term bearish reversal Yet, risk will stay on the downside as long as 108.47 resistance holds. Further declines are also in favor in EUR/JPY and GBP/JPY with 118.47 and 113.35 intact. Dollar pairs are generally in consolidative trading in tight range and we're not expecting any committed move for now. In Asia, Nikkei rose 0.99%. Hong Kong HSI is up 0.65%. China Shanghai SSE is up 0.47%. Singapore Strait Times is up 0.56%. Japan 10-year JGB yield is up 0.0241 at -0.201. Overnight, DOW dropped -0.36%. S&P 500 dropped -0.45%. NASDAQ dropped -0.33%. But 10-year yield rose 0.030 to 2.045. | 
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