Euro's post ECB rally was very short-lived, while market turned into risk-off mode later in US session. Negative sentiment continues in Asia today as US consumer inflation data is awaited. So far, Sterling is the strongest one for the week followed by Dollar, and then Canadian. Yen is the overwhelming loser, extending recent down trend of extended rally in global benchmark yields. Swiss Franc is second weakest even though it rebounds against Euro. Technically, EUR/USD's breach of 1.0626 minor support is a bearish sign. Sustained trading below this level will likely bring retest of 1.0348 low. USD/CAD's breach of 1.2685 minor resistance also suggest that Dollar is on the way up for the near term. To confirm this development, attention will be on 1.2429 minor support in GBP/USD, and 0.7034 minor support in AUD/USD. In Asia, Nikkei closed down -1.43%. Hong Kong HSI is up 0.01%. China Shanghai SSE is up 1.11% Singapore Strait Times is down -0.84%. Japan 10-year JGB yield is up 0.0026 at 0.253. Overnight, DOW dropped -1.94%. S&P 500 dropped -2.38%. NASDAQ dropped -2.75%. 10-year yield rose 0.015 to 3.044 | 