 Euro recovers mildly in early US session, after ECB said downside risks to the economic outlook are less pronounced. Though, it remains one of the worst performing for the week, together with Dollar, Yen and Swiss Franc. The greenback is clearly still under pressure for now, after worst than expected jobless claims data. Canadian Dollar is now leading other commodity currencies and Sterling higher, after BoC Governor Tiff Macklem said that there's no need for more stimulus based on the base case. Technically, EUR/USD's break of 1.2157 minor resistance reaffirms the view that it has bottomed out for near term at 1.2052. Focus will be on 126.19 minor resistance in EUR/JPY and 1.0787 minor resistance in EUR/CHF to confirm. Though, risks for Euro remains on the downside against Sterling and commodity currencies. In Europe, currently FTSE is up 0.06%. DAX is up 0.02%. CAC is down -0.46%. German 10-year yield is up 0.037 at -0.488. Earlier in Asia, Nikkei rose 0.82%. Hong Kong HSI dropped -0.12%. China Shanghai SSE rose 1.07%. Singapore Strait Times rose 0.61%. Japan 10-year JGB yield dropped -0.0037 to 0.036. | 
