 Asian markets are generally in risk on mode today as traders await signing of US-China trade deal phase one. Commodity currencies strengthen with Australian Dollar leading the way up. On the other hand, Sterling is currently the weakest one as weighed down by dovish comments from BoE officials. A number of important UK economic data will featured this week, starting from GDP today. These data would be watched closely for assessing the chance of imminent BoE rate cut. Yen and Swiss Franc are mildly softer too. Technically, despite current recovery, AUD/USD is held below 0.6930 minor resistance. Further fall is still in favor through 0.6849 temporary low to 0.6754 support. However, firm break of 0.6930 will revive near term bullishness and turn focus back to 0.7031 resistance. At this same time, USD/JPY is still eyeing 109.72 key resistance. Break will resume whole rally from 104.45. Both pairs could depend on development in risk markets in the early part of the week. In Asia, Japan is on holiday. Hong Kong HSI is up 0.96%. China Shanghai SSE is up 0.24%. Singapore Strait Times is down -0.04%. | 
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