 Dollar is trading broadly higher in Asian session today, as supported by extended rally in US treasury yield. For the same reason, Yen tumbles broadly this week, and the decline is extending. The net result is that USD/JPY reached a new 24-year high and still looks unstoppable. Canadian Dollar is trading with a mixed tone for now, but hopefully, BoC rate decision today will give the Loonie a clear direction to follow. Technically, downside momentum in EUR/USD is far from convincing for now even though 0.9899 support was broken earlier in the week. Euro bears would probably need to wait for clearing ECB risk first, before jumping in. There is prospect of downside acceleration in EUR/USD if 61.8% projection of 1.0773 to 0.9951 from 1.0368 at 0.9860 if taken out decisively. Next target at 100% projection at 0.9546 could be reached quickly if that happens. In Asia, at the time of writing, Nikkei is down -0.81%. Hong Kong HSI is down -1.80%. China Shanghai SSE is down -0.05%. Singapore Strait Times is down -0.30%. Japan 10-year JGB yield is up 0.0048 at 0.246. Overnight, DOW dropped -0.55%. S&P 500 dropped -0.41%. NASDAQ dropped -0.74%. 10-year yield rose 0.147 to 3.340. | 
