Euro turns slightly softer after poor German business climate reading, in particular against Swiss Franc, Aussie and Loonie. Dollar is also weak except versus Yen. Yen is trying to recover but there is no clear follow through buying. It's the the runaway loser of the week. Overall, Aussie is set to end as the week as the best performer. Technical, 1.0815 support in EUR/CHF is worth a watch early next week. Firm break there should confirm completion of the rebound from 0.9970, and retest of this low should be seen next. The development could be accompanied by downside breakout in both EUR/CAD and EUR/AUD for down trend resumption too. In Europe, at the time of writing, FTSE is up 0.15%. DAX is up 0.87%. CAC is up 0.68%. Germany 10-year yield is up 0.0268 at 0.561. Earlier in Asia, Nikkei rose 0.14%. Hong Kong HSI dropped -2.47%. China Shanghai SSE dropped -1.17%. Singapore Strait Times rose 0.41%. Japan 10-year JGB yield closed flat at 0.240. | 