 Australian Dollar continues to be the spotlight of the week. It's knocked down by RBA Governor's comment that they's going to consider cutting interest rates in June meeting. It's actually slightly earlier than market expectations of an August cut. The selloff is more than enough to reverse post election gains Aussie. New Zealand Dollar is following as the second weakest for today. Risk markets are steady today despite weakness in US stocks overnight, in particular NASDAQ. US announced temporary measures to ease sanctions on China's Huawei. But there was little optimism among Asian investors. Though, risk aversion is not apparent with Yen and Swiss Franc mixed. For now, Canadian Dollar and US Dollar are the strongest ones for today so far. Technically, 0.6864 temporary low in AUD/USD is back in focus immediately. Break will resume recent fall from 0.7295 towards 0.6722 low. Similarly, EUR/AUD is looking at 1.6262 temporary top for resuming recent rally. Yen crosses are still staying in consolidation. For now, recoveries in EUR/JPY and GBP/JPY are notably weaker than USD/JPY's. Sterling is losing some downside momentum against Dollar and Euro. But there is no sign of bottoming in the Pound yet. In Asia, currently, Nikkei is down -0.17%. Hong Kong HSI is up 0.15%. China Shanghai SSE is up 1.48%, back above 2900 handle. Singapore Strait Times is down -0.41%. Japan 10-year JGB yield is down -0.0013 at -0.049. Overnight, DOW dropped -0.33%. S&P 500 dropped -0.67%. NASDAQ dropped -1.46%. 10-year yield rose 0.023 to 2.416, closed above 2.4 handle but remains vulnerable. | 
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