 Dollar spikes lower in early US session after non-farm payroll report showed lower than expected job and wage growth. That adds to argument that the momentum US job growth has peaked. Nevertheless, there is no follow through selling in the greenback seen. The only exception is USD/CAD with Canadian Dollar shot higher by stellar employment data. For today, Canadian Dollar is now the strongest one. It's followed by New Zealand Dollar and then US Dollar. Yen is the weakest one as risk sentiments stabilized. Sterling is hibernating as the second weakest. Technically, USD/CAD fails to sustain above 1.3385 resistance and drops sharply. But break of 1.3160 support is still needed to indicate near term reversal. Otherwise, further rise remains in favor, at a later stage. EUR/USD, GBP/USD, USD/CHF, EUR/GBP and EUR/JPY are still bounded in familiar range. AUD/USD and EUR/AUD are still pressing 0.7199 support and 1.5781 resistance respectively. In other markets, US futures are pointing to a flat open. Yesterday's later rebound might not carry forward to today. Major European indices are all in black, paring yesterday's losses. FTSE is up 2.00%, DAX is up 0.92%, CAC is up 1.74%. German 10 year yield is up 0.021 at 0.260. Italian 10 year yield is down -0.053 at 3.154. Earlier in Asia, Nikkei closed up 0.82%. But other major indices were mixed. Hong Kong HSI lost -0.35%. Singapore Strait Times lost -0.14%. But China Shanghai SSE rose 0.03%. 10 year JGB yield also pared some loss and closed up 0.0104 at 0.062. | 
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