Risk-on sentiment is somewhat taking a breather as S&P closed slightly lower after making new high. But Yen remains overwhelmingly the worst performing one for the week, followed by Kiwi and then Euro. On the other hand, Sterling is currently the strongest one together with Swiss Franc, thanks additional to Euro's weakness. Aussie is firm too while Dollar is mixed. Technically, both Aussie and Canadian appear to be losing momentum against Dollar. Break of 0.7205 minor support in AUD/USD and 1.2846 minor resistance in USD/CAD would signal that Dollar is coming back against commodity currencies, probably as risk-on sentiment recedes further ahead of new year holiday. In Asia, at the time of writing, Nikkei is down -0.76%. Hong Kong HSI is down -0.88%. China Shanghai SSE is down -0.79%. Japan 10-year JGB yield is down -0.0036 at 0.061. Overnight, DOW rose 0.26%. S&P 500 dropped -0.10%. NASDAQ dropped -0.56%. 10-year yield closed flat at 1.481. | 