 Dollar is staying largely in range after mixed retail sales data from the US. Today's focus turns to selloff in Sterling, in particular against Swiss Franc and Euro. Yen weakens mildly after yesterday's rebound quickly lost momentum. Commodity currencies are trading on the soft side. In other markets, major European indexes are mixed while US futures are nearly flat. Gold is back pressing key support level at around 1680. WTI crude oil is range bound. Technically, GBP/CHF break through pandemic low at 1.1107 this week and it's accelerating slightly. Next target is 200% projection of 1.3070 to 1.2134 from 1.2598 at 1.0726. The question is whether EUR/CHF would accelerate downward below 0.9550 low as down trend resumes. Or, EUR/GBP would finally break through 0.8721 resistance will strength to resume the rally from 0.8201. In Europe, at the time of writing, FTSE is up 0.30%. DAX is down -0.17%. CAC is down -0.64%. Germany 10-year yield is down -0.007 at 1.709. Earlier in Asia, Nikkei rose 0.21%. Hong Kong HSI rose 0.44%. China Shanghai SSE dropped -1.16%. Singapore Strait Times rose 0.31%. Japan 10-year JGB yield dropped -0.0008 to 0.257. | 
