 Yen drops broadly today as markets turn back into risk-on mode. It has indeed become the worst performing one for the week. Dollar is also staying to look a bit vulnerable against European majors and commodity currencies. Canadian Dollar is firm and shrug off retail sales data, which shows contraction. Question is now on whether S&P 500 and NASDAQ could make new record highs before weekly close. Technically, USD/JPY's break of 110.33 resistance now suggests that correction from 111.65 has completed at 109.05 already. But that's more due to Yen's weakness then Dollar's strength. We'd now see if EUR/JPY and GBP/JPY could extend the rebound from 128.58 and 148.43 respectively. In Europe, at the time of writing, FTSE is up 0.77%. DAX is up 0.96%. CAC is up 0.40%. Germany 10-year yield is up 0.023 at -0.400. Earlier in Asia, Hong Kong HSI dropped -1.45%. China Shanghai SSE dropped -0.68%. Singapore Strait Times dropped -0.07%. Japan was on holiday, as Olympics starts. | 
