Dollar drops broadly in early US session after much smaller than expected non-farm payroll job growth, even though unemployment dipped notably. Canadian Dollar is some what pressured today after larger than expected job losses. But Yen is the one following the greenback as second weakest. Australian Dollar and Euro are trying to regain some grounds against Dollar. Technically, EUR/USD is back above a medium term channel support, and we'd see if it could extend the rebound to revive near term bullishness. GBP/USD would be another focus before weekly close, to see if it could break through 1.3758 resistance to resume larger up trend. In Europe, currently, FTSE is down -0.09%. DAX is up 0.16%. CAC is up 1.02%. Germany 10-year yield is up 0.035 at -0.416. Earlier in Asia, Nikkei rose 1.54%. Hong Kong HSI rose 0.60%. China Shanghai SSE dropped -0.16%. Singapore Strait Times rose 0.05%. Japan 10-year JGB yield rose 0.0002 to 0.060. |