 Dollar suffers new round of selling in early US session after Trump confirmed his intention to escalate trade war with the EU with his tweet. DOW opens sharply lower and is down -190pts at the time of writing. US 10-year yield also suffers as investors turn cautious again, breaking through 2.5 handle. Germany 10-year yield also turns negative again. Sterling is the second weakest but again staying in range as markets await more Brexit developments. Yen is the strongest one for now, followed by Australian Dollar. Technically, EUR/USD finally breaks 1.1273 minor resistance to indicate short term bottoming. Further rise is now in favor back to 1.1448 resistance. USD/JPY also breaks 111.18 minor support, which suggests short term topping. Deeper fall could be seen to 109.71 support and possibly below. While AUD/USD is a strong one, it's limited well below 0.7168 resistance though. And upside could be capped if risk-off mode is turned on during the US session. In Europe, currently, FTSE is down -0.21%. DAX is down -0.65%, CAC is down -0.34%. German 10-year yield is down -0.017 at -0.006. Earlier in Asia, Nikkei rose 0.19%. Hong Kong HSI rose 0.27%. China Shanghai SSE dropped -0.16%. Singapore Strait Times rose 0.3%. Japan 10-year JGB yield rose 0.0015 to -0.044. | 
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