 Dollar is staying is the strongest one for the week, as talks of a 100bps hike at the July FOMC meeting heat up. But upside momentum in the greenback hasn't been really too convincing, except versus Yen. EUR/USD is still trying hard to defend parity for now. Yen, on the other hand, is staying broadly pressured on expectation of divergence in BoJ's policy to other peers. Commodity currencies are mixed, with Aussie slightly weaker. Technically, a major focus remains on whether EUR/USD could eventually defend parity. We'd maintain that the level is 100% projection of 1.1184 to 1.0348 from 1.0773 at 0.9937. As long as this projection level holds, there is still prospect of a near term rebound. However, sustained break there could prompt further downside acceleration to 161.8% projection at 0.9420. This should be decided in the next few days. In Asia, at the time of writing, Nikkei is up 0.64%. Hong Kong HSI is down -1.32%. China Shanghai SSE is down -0.28%. Singapore Strait Times is up 0.34%. Japan 10-year JGB yield is down -0.0002 at 0.235. Overnight DOW dropped -0.46%. S&P 500 dropped -0.30%. NASDAQ rose 0.03%. 10-year yield rose 0.056 to 2.960. | 
