 Gold's up trend accelerates further and finally makes new record high today. That comes in a time when there are increasing evidence of second wave of coronavirus infections globally. Also, US-China relations deteriorate to a new low for decades. Dollar is extending recent selloff and is trading and the worst performing one for today so far, followed by Canadian. Yen is the strongest, followed by New Zealand Dollar and then Euro. The greenback looks rather vulnerable and it's unlikely to be saved by Fed later in the week. Technically, a focus would be on whether Euro could maintain last week's strong upside momentum, or it would finally be overwhelmed by risk aversion. For now, further rise is still in favor in EUR/JPY and break of 124.43 will resume whole rebound from 114.42. But a break of 121.96 support will indicate rejection by 124.43 and bring deeper fall to extend a short term consolidation pattern, towards 119.31/120.27 support zone. Further rise is also in favor in EUR/CHF with 1.0701 minor support intact. Break of 1.0797 should at least target a test on 1.0915 short term top. But break of 1.0701 would bring a test on 1.0602 support instead. In Asia, currently, Nikkei is down -0.24%. Hong Kong HSI is down -0.36%. China Shanghai SSE is down -0.36%. Singapore Strait Times is down -0.25%. Japan 10-year JGB yield is up 0.0046 at 0.021. | 
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