 New Zealand Dollar trades generally higher in otherwise quiet markets today. The news of lockdown exit is lift sentiments on Kiwi, even though upside is relatively limited. Other major forex pairs and crosses are bounded inside Friday's range though. Trading could remain subdued due to a light calendar today. But volatility is guaranteed with major key events ahead. Technically, USD/JPY could be an interesting one to watch this week. The pair has struggled to find a clear direction after hitting 107.05. But range breakout should be imminent. Yen's reaction to LDP leader elections, or stocks reaction to the success or failure of TikTok's sale, would be key. On the upside, break of 107.05 will add to the case of near term bullish reversal for 109.85. Break of 105.10 will extend the larger fall from 111.71 instead. In Asia, Nikkei closed up 0.65%. Hong Kong HSI is up 0.62%. China Shanghai SSE is up 0.19%. Singapore Strait Times is down -0.14%. Japan 10-year JGB yield is down -0.0053 at 0.019. | 
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