Dollar rises in early US session after better than expected employment data. It's now attempting a breakout against Euro. Canadian Dollar is also firmer after job data. On the other hand, Sterling remains one of the weakest for the week, as post BoE selloff continues. But Euro and Swiss Franc are catching up. Technically, EUR/USD's breach of 1.1523 support now suggests resumption of whole fall from 1.2265. We'll now see if it could sustain below 1.15 handle and build up downside momentum further. Meanwhile, we'd also pay attention to whether GBP/USD would follow by breaking through 1.3410 support, and whether USD/JPY would break through 114.69 high. In Europe, at the time of writing, FTSE is up 0.42%. DAX is up 0.22%. CAC is up 0.89%. Germany 10-year yield is down -0.008 at -0.232. Earlier in Asia, Nikkei dropped -0.61%. Hong Kong HSI dropped -1.41%. China Shanghai SSE dropped -1.00%. Singapore Strait Times rose 0.70%. Japan 10-year JGB yield dropped -0.0182 to 0.064. |