Dollar soars broadly, together with benchmark treasury yields, after an all around strong non-farm payroll report. At the same times US futures tumble, apparently on expectations Fed's tightening pace will continue with such healthy job market. The greenback is now the strongest one for the week and the question is, whether it could break through some key near term levels before weekly close. Technically, the most important level to monitor is 1.0095 minor support in EUR/USD. Firm break there will argue that medium term down trend is ready to resume through 0.9951 low. GBP/USD has already made progress on breaking 1.20623 minor support. USD/JPY also breaks 134.58 minor resistance. These two are both Dollar positive developments. In Europe, at the time of writing, FTSE is down -0.34%. DAX is down -0.34%. CAC is down -0.71%. Germany 10-year yield is up 0.070 at 0.873. Earlier in Asia, Nikkei rose 0.87%. Hong Kong HSI rose 0.14%. China Shanghai SSE rose 1.19%. Singapore Strait Times rose 0.40%. Japan 10-year JGB yield dropped -0.0125 to 0.163. |