 Euro is extending near term rally against Swiss Franc and Sterling after even higher than expected record inflation. But it's struggling to gain against most other currencies. Dollar is also sluggish after ADP employment disappointment, while Yen's is recovering. Commodity currencies are mixed for now. It seems like traders would continue to hold their bets until US non-farm payroll employment data. Technically, Gold's decline continues after brief recovery and it's on track to retest 1680.83 support holds. The question remains on whether this long term cluster support level would hold. Or, this level would be taken out decisively to complete confirm a long term trend reversal. In the latter case, it could be used as a confirmation for Dollar's up trend resumption, in particular against Euro. In Europe, at the time of writing, FTSE is down -0.86%. DAX is up 0.02%. CAC is down -0.24%. Germany 10-year yield is up 0.049 at 1.557. Earlier in Asia, Nikkei dropped -0.37%. Hong Kong HSI rose 0.03%. China Shanghai SSE dropped -0.78%. Singapore Strait Times dropped -0.55%. Japan 10-year JGB yield rose 0.0027 to 0.230. | 
