Yen's selloff resumes in early US session as selloff in bonds resume. Dollar picks up some buying after strong job data. But Swiss Franc is stronger with help from selloff in Euro. On the other hand. commodity currencies are turning weaker together with Euro, but pressure on them is still far from that on Yen. Technically, both EUR/CAD and EUR/AUD are now getting closer to near support levels of 1.3760 and 1.4561 respectively. Firm break of these levels will resume larger down trend. If that happens, we'll see if EUR/USD would finally make up its mind to fall through 1.0899 minor support, or even 1.0805 low. In Europe, at the time of writing, FTSE is up 0.12%. DAX is down -0.14%. CAC is up 0.08%. Germany 10-year yield is up 0.0060 at 0.526. Earlier in Asia, Nikkei rose 0.25%. Hong Kong HSI dropped -0.94%. China Shanghai SSE dropped -0.63%. Singapore Strait Times rose 1.05%. Japan 10-year JGB yield rose 0.0144 to 0.240. |