Canadian Dollar rebound strongly in early US session after stronger than expected job data. Commodity currencies are also generally firm with European stocks and US futures, followed by Sterling. On the other hand, Yen, Swiss Franc and Dollar are turning softer, but Euro is not too far away. The question now is whether the risk markets would end the week on a strong note, setting up more selling in the greenback next week. Technically, GBP/JPY's break of 152.27 temporary top suggests resumption of rebound from 149.16 for 153.42 resistance. That's another sign of Sterling strength. GBP/USD is now pressing 1.3890 resistance and break will also resume the rebound from 1.3601. Such development would double confirm underlying bullishness of the Pound. In Europe, at the time of writing, FTSE is up 0.39%. DAX is up 0.40%. CAC is up 0.27%. Germany 10-year yield is up 0.013 at -0.347. Earlier in Asia, Nikkei rose 1.25%. Hong Kong HSI rose 1.91%. China Shanghai SSE rose 0.27%. Singapore Strait Times rose 0.88%. Japan 10-year JGB yield rose 0.0050 to 0.045. | 