 Dollar trades generally higher today even though upside momentum is capped by weaker than expected durable goods report. Economic data released this week are so far mixed. But at least, they don't point to heightened recession risk. While long treasury yields retreat mildly today, they're held well above last week's low. Overall sentiments seem to be stabilized, at least ahead of non-farm payrolls report on Friday. On the other hand, Sterling is trading as one of the weakest for today. Brexit uncertainty is never ending after Commons rejected all four alternatives yesterday. It seems the lack of decisiveness in the Commons has spread to Prime Minister Theresa May too. It's reported that she still firmly opposes to a second referendum, as well as long Article 50 extension. There is no sign that she'll call for general elections. The only thing she might so could be just take the thrice defeated deal back for another vote. But Speaker John Bercow is said to reject it. After all, it seems no one knows what's next. Australian and New Zealand Dollar are also among the weakest. While there was no clear dovish shift, the RBA statement suggests that it is starting to get ready for a move, depending on upcoming data. Markets are expecting two cuts this year. The trigger of a formal dovish shift could be from May's new economic projections. Technically, GBP/USD, EUR/GBP and GBP/JPY are staying in range. 1.2960 in GBP/USD and 143.72 support GBP/JPY will be watched for weakness in the Pound. 0.8474 support in EUR/GBP will be watched for Pound's strength. 0.7056 support in AUD/USD will be watched for near term weakness in the pair. Meanwhile, EUR/USD might finally take on 1.1176 key support today and break will indicate larger down trend resumption. Just released, US headline durable goods orders dropped -1.6% to USD 250.6B in February, below expectation of -1.2%. Ex-transport order rose 0.1% 0.3%, also below expectation of 0.3%. | 
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