 Sterling rises broadly today with help from solid job data, which eased the concerns over the impact of end of furlough scheme. Dollar is also firm as supported by better than expected retail sales sales. Euro is trying to digest some losses but stays weak on dovish ECB expectations. On the other hand, commodity currencies are turning softer on mixed risk sentiments. Technically, GBP/CHF's strong rebound today argues that 1.2259 key resistance turned support was well defended, for now. Focus is now on 55 day EMA (now at 1.2542). Sustained break there will raise the chance that medium term correction from 1.3070 has completed and affirms underlying resilience of the Pound. In Europe, at the time of writing, FTSE is down -0.07%. DAX is up 0.40%. CAC is up 0.34%. Germany 10-year yield is down -0.007 at -0.233. Earlier in Asia, Nikkei rose 0.11%. Hong Kong HSI rose 1.27%. China Shanghai SSE dropped -0.33%. Singapore Strait Times dropped -0.05%. Japan 10-year JGB yield rose 0.0076 to 0.076. | 
