 Australian Dollar was the center of focus in Asian session today. Stellar job data provided some brief boost to the Aussie. It was then hammered by talks of two RBA rate cuts this year. Selloff accelerates further on news that China's Dalian ports banned the countries' coal imports. In the background, US and China are working on six MOUs to cover core issues, which could be ready after the high level meetings in Washington which starts today. But the news is somewhat offset by FOMC minutes which suggested Fed could still hike once more this year. Staying in the currency markets, Aussie is the weakest one for today so far, followed by Kiwi and then Canadian. Yen is the strongest one, followed by Dollar and then Swiss Franc. Over the week, Sterling is the strongest one for now followed by Canadian. New Zealand and Australian Dollars are the weakest. Technically, AUD/USD is now looking back at 0.7054 support. Break should extend the fall from 0.7295 towards 0.6722 low. With today's rebound, EUR/AUD is also looking at 1.6060 resistance. Break will target 1.6765 high. Dollar's declines against Euro, Sterling, Canadian, Swiss are losing momentum as seen in 4H charts. We'll if the greenback could strike a recovery from here. In Asia, Nikkei closed up 0.15%. Hong Kong HSI is up 0.21%. China Shanghai SSE is down -0.33%. Singapore Strait Times is down -0.01%. Japan 10-year JGB yield is down -0.0036 at -0.04. Overnight, DOW rose 0.24%. S&P 500 rose 0.18%. NASDAQ rose 0.03%. 10 year-yield rose 0.007 to 2.654. 10-year yield rose 0.009 to 3.000. | 
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