Weakness in Yen and Swiss Franc are both staying under selling pressure today, and there is not clear sign of bottoming yet. Sterling is currently the stronger one for the week but there is no clear breakthrough. Aussie and Loonie are digesting some gains but remain firm. Meanwhile, Dollar is mixed for now, together with Euro. Both Dollar and Euro might need to wait until ECB rate decision and US CPI to find a clear direction. Technically, some attention will be paid to EUR/CAD for the rest of the week. It's fall close to 1.3383 support as fall from 1.3806 extends. Firm break there will resume medium term down trend to 1.3019 support (2015 low), which is close to 1.3 handle. However, break of 1.3538 minor resistance will ease immediate selling pressing and extend the sideway pattern from 1.3383 with another rising leg. The next move in EUR/CAD could provide a hint on that of EUR/USD. In Asia, at the time of writing, Nikkei is up 0.91%. Hong Kong HSI is up 1.70%. China Shanghai SSE is down -0.70%. Singapore Strait Times is down -0.18%. Japan 10-year JGB yield is down -0.0041 at 0.246. Overnight, DOW rose 0.80%. S&P 500 rose 0.95%. NASDAQ rose 0.94%. 10-year yield dropped -0.066 to 2.972, back below 3%. | 