Euro's recovery was rather short-lived as selling returns after dovish comments from ECB president. Also, Austria returned to full lockdown while Germany may follow on the fourth wave of COVID-19 infections. Yen rises broadly today as risk sentiments turn sour. For the week, Euro remains the worst performer, followed by Aussie. Sterling is still the best performer, followed by Yen and then Dollar. Technically, EUR/CHF should have taken out 1.5050 key long term support decisively. Current down trend should now target 161.8% projection of 1.1149 to 1.0694 from 1.0936 at 1.0200. We'll now see if selling in EUR/UISD would pick up below 1.13 handle. In Europe, at the time of writing, FTSE is down -0.59%. DAX is down -0.65%. CAC is down -0.85%. Germany 10-year yield is down -0.056 at -0.331. Earlier in Asia, Nikkei rose 0.50%. Hong Kong dropped -1.07%. China Shanghai SSE rose 1.13%. Singapore Strait Times dropped -0.14%. Japan 10-year JGB yield dropped -0.0042 to 0.079. | 