 Sterling stays firm in Asian session today, but remains the strongest one for the week so far. The Pound will look into UK job data for inspiration for further rally. Meanwhile, Dollar and Canadian remain the weakest ones for now. As near term bearishness in the greenback is pretty much set up, we'd expect more downside for the Dollar ahead. Technically, one focus today is on whether selling focus would turn from Dollar to Yen. In particular, EUR/JPY defended 129.56 minor support well and it's recovering towards 130.65 near term resistance. Break there will resume larger rise from 121.63. AUD/JPY is also ready to resume the rebound from 83.02 and break of 84.46 will bring retest of 85.43 high. Upside breakout in Yen crosses could provide a floor for USD/JPY at 107.75 fibonacci level. In Asia, at the time of writing, Nikkei is down -2.11%. Hong Kong HSI is flat. China Shanghai SSE is up 0.29%. Singapore Strait Times is down -0.05%. Japan 10-year JGB yield is up 0.001 at 0.087. Overnight, DOW dropped -0.36%. S&P 500 dropped -0.53%. NASDAQ dropped -0.98%. 10-year yield rose 0.028 to 1.601. | 
