 The forex markets are rather consolidative today as traders are waiting for the next direction. European and Asian stock display some mild strength but that is far from being impressive. US futures are also mixed as NASDAQ might has a little retreat before deciding to extend the record run. New Zealand and Australian Dollar are the stronger once for now. Dollar and European majors are relatively softer. Though, the picture could be clear once US traders enter in the market. Technically, USD/CHF retreats after failing to break through 0.9647 minor resistance, leaving no confirmation of short term bottoming. EUR/GBP also recovers already of 0.8866 minor support and gives us no confirmation of near term bearish reversal. While AUD/USD and USD/CAD continue to lose momentum, there is no sign of a sustainable pull back yet. The clearly development might be retreats in USD/JPY, EUR/JPY and GBP/JPY as treasury yield pares back some of last week's strong rallies. In Europe, currently, FTSE is currently up 0.26%. DAX is up 0.31%. CAC is up 0.11%. German 10-year yield is down -0.0228 at -0.299. Earlier in Asia, Nikkei rose 1.37%. Hong Kong HSI rose 0.03%. China Shanghai SSE rose 0.24%. Singapore Strait Times rose 1.65%. Japan 10-year JGB yield rose 0.0052 to 0.046. | 
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