 Dollar is back in control as markets turned back into risk-off mode, just a day after the rallies triggered by Fed Chair Jerome Powell's comments. Investors are apparently not too convinced by the ruling out of 75bps hike after a second thought. Focuses will turn to non-farm payroll report today, which should prompt even more volatility. Staying in the current markets, Aussie is still the strongest one for the week, followed by Canadian. But both are starting to look vulnerable against the third-placed Dollar. Sterling is the worst performing one after BoE put stagflation into perspective. Swiss Franc is also weak followed by Kiwi. Yen and Euro are mixed for now. Technically, attention will be on whether Dollar would finally break out of range against Euro and Yen today. Levels to watch are 1.0470 support in EUR/USD and 131.24 resistance in USD/JPY. Firm break of theses levels should confirm the underlying broad-based strength of the greenback. In Asia, at the time of writing, Nikkei is up 0.58%. Hong Kong HSI is down -3.65%. China Shanghai SSE is down -2.18%. Singapore Strait Times is down -1.22%. Japan 10-year JGB yield is up 0.0143 at 0.244. Overnight, DOW dropped -3.12%. S&P 500 dropped -3.56%. NASDAQ dropped -4.99%. 10-year yield rose 0.149 to close at 3.066. | 
