Dollar stays broadly pressured today and it's set to end as the worst performer for the week. PCE data offered some hope that inflation has finally topped. Broad risk sentiment is steady as US stocks could extend rebound in the final session of the week. Benchmark treasury yields are also trading slightly lower. Buying focus has turned to commodity currencies today, as led by Aussie. European majors are also slightly weaker with Yen. Technically, 1.2712 support in USD/CAD is an immediate focus, as WTI crude oil is also extending rally too. Break of 1.2712 will argue that rise from 1.2401 has completed at 1.3075. More importantly, that came after rejection by 1.3022 long term fibonacci resistance. Deeper fall could be seen back towards 1.2401, and rise the chance that whole rebound from 1.2005 has finished. That, if happens, would be a bad sign for the greenback. In Europe, at the time of writing, FTSE is up 0.38%. DAX is up 1.01%. CAC is up 1.09%. Germany 10-year yield is down -0.051 at 0.945. Earlier in Asia, Nikkei rose 0.66%. Hong Kong HSI rose 2.89%. China Shanghai SSE rose 0.23%. Japan 10-year JGB yield dropped -0.0053 to 0.230. | 