 Dollar's rally was choked off by terrible PMI data, in particular services, overnight. But the greenback is trying to regain some footing in Asian session. It's too early to say that the bullish trend in Dollar has reversed. Traders are just holding their bets for now, awaiting more guidance from Fed Chair Jerome Powell at the Jackson Hole symposium. For now, Aussie and Kiwi are the stronger ones with Yen. Euro and Sterling are overwhelmingly weak. Dollar is mixed with Canadian. Technically, USD/JPY's rebound from 130.38 is seen as the second leg of the corrective pattern from 139.37. It might have completed with three waves up to 137.70 already. Firm break of 135.57 resistance turned support will argue that the third leg has started back towards 130.38 support. If happens, it's likely more of a boost to Yen then a drag on Dollar elsewhere. In Asia, at the time of writing, Nikkei is down -0.45%. Hong Kong HSI is down -1.34%. China Shanghai SSE is down -1.29%. Singapore Strait Times is down -0.39%. Japan 10-year JGB yield is down -0.0011 at 0.221. Overnight, DOW dropped -0.47%. S&P 500 dropped -0.22%. NASDAQ dropped -0.00%. 10-year yield rose 0.017 to 3.054. | 
