 Eurn turns weaker today after investor confidence data suggests that economic recovery might be faltering. But for now, Yen and Dollar are even weaker. Sterling and Swiss Franc are not much better than Euro too. Commodity currencies are the stars of the day, with New Zealand Dollar leading the way. Canadian Dollar is also catching up quickly, following Australian Dollar. Overall, the movement in currencies for the rest of the day will very much depend on development in risk sentiment. Technically, one immediate focus now is whether EUR/AUD's selloff would accelerate from current level. Sustained break of 1.6219 support, which is close to 55 D EMA (now at 1.6191) would argue that it's already in correction to whole up trend from 1.4281. Deeper fall would be seen to 1.5254/5976 support zone. At the same time, break of 1.4621 support in EUR/CAD would align the outlook and bring deeper decline to 1.4235 support. In Europe, UK is on holiday. At the time of writing, DAX is up 0.21%. CAC is up 0.30%. Germany 10-year yield is up 0.0354 at 2.330. Earlier in Asia, Nikkei dropped -0.71%. Hong Kong HSI rose 1.24%. China Shanghai SSE rose 1.81%. Singapore Strait Times dropped -0.27%. Japan 10-year JGB yield dropped -0.0107 to 0.413. | 
