 Australian Dollar weakens broadly today following more dovish than expected RBA minutes. New Zealand Dollar is currently the second weakest together with Swiss Franc. On the other hand, Euro, Sterling and Yen are the stronger ones. Dollar is mixed on confusing messages regarding US-China trade deal. So far, it seems like the US is relatively upbeat while some Chinese officials are pessimistic. Technically, EUR/USD's break of 1.1073 resistance suggests that pull back from 1.1175 has completed at 1.0989. Rise from 1.0879 might not be over yet. Focus is now back on 1.1175 resistance. On the other hand, AUD/USD's recovery from 0.6769 was very weak and fall from 0.6929 is expected to extend lower. The developments keep EUR/AUD as one of the biggest movers this week and EUR/AUD could re-accelerate back to 1.6432 resistance. In Asia, Nikkei closed down -0.53%. Hong Kong HSI is up 1.12%. China Shanghai SSE is up 0.49%. Singapore Strait Times is down -0.67%. Japan 10-year JGB yield is down -0.0073 at -0.094. Overnight, DOW rose 0.11%. S&P 500 rose 0.05%. NASDAQ rose 0.11%. 10-year yield dropped to -0.026 to 1.808. 10-year yield will likely lose 1.8% handle, which would weigh down USD/JPY. | 
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