 The tide seems to be turning just ahead of the weekend. Swiss Franc is rebounding notably while Dollar is also firmer up. On the other, Euro reverses earlier gain and trades broadly lower. Nevertheless, Yen's weakness persists and it's extending recent decline against the greenback. Commodity currencies are steady, however, while Canadian Dollar has no reaction to stronger than expected retail sales. Technically, EUR/USD once again fails to stand above 1.1120 minor resistance and dips. Near term outlook stays bearish downside breakout still in favor. A focus before close is whether EUR/AUD would break through 1.4920 minor support. If happens that would mark the end of the rebound from 1.4561 and should set the stage to resume larger down trend next week. In Europe, at the time of writing, FTSE is down -0.60%. DAX is down -1.09%. CAC is down -1.11%. Germany 10-year yield is down -0.021 at 0.367. Earlier in Asia, Nikkei rose 0.65%. Hong Kong HSI dropped -0.41%. China Shanghai SSE rose 1.12%. Singapore Strait Times rose 0.24%. Japan 10-year JGB yield rose 0.0046 to 0.208. | 
