Dollar weakens mildly further after worse than expected ADP job data. But selloff is limited as traders are probably cautious ahead of tomorrow's non-farm payrolls. But overall, Yen remains the worst performing one for the week. Sterling and Euro are the next weakest even though both are trying to recover some ground. Australian Dollar is staying in pole position, leading other commodity currencies higher. Technically, while Gold's retreat from 1869.46 was slightly deeper than expected, near term bullishness is restored by the quick rebound. Focus would be at 1869.46 resistance for the rest of the week. Firm break there will resume the rebound from 1786.65 towards channel resistance (now at 1912.89). If happens, that could be an early signal to return to selloff in Dollar. In Europe, UK is on holiday. At the time of writing, DAX is up 0.79%. CAC is up 1.21%. Germany 10-year yield is up 0.010 at 1.198. Earlier in Asia, Nikkei dropped -0.16%. Hong Kong HSI dropped -1.00%. China Shanghai SSE rose 0.42%. Singapore Strait Times dropped -0.53%. Japan 10-year JGB yield rose 0.0093 to 0.245. | 