 Dollar turns mixed in Asian session today as markets turn their focus to non-farm payroll reports from US. The greenback has indeed been regaining grounds this gradually this week. In particular, it's helped by Fed Chair Jerome Powell who talked down the need of rate cut. But buyers are so far seen as hesitating to commit yet. As for today, New Zealand Dollar is the strongest one so far, followed by Canadian and then Sterling. Swiss Franc is the weakest, followed by Australian and then Euro. The picture is rather mixed. For the week, commodity currencies are the weakest ones, led by Aussie. Sterling is the strongest one as BoE inflation report, at least, didn't paint a dovish picture. Euro is for now the second strongest but it's rather vulnerable. Technically, EUR/USD's breach of 1.1175 minor support suggests that recovery from 1.1111 has completed. Retest of this temporary low should be seen next. USD/CHF is also heading back towards 1.0237 temporary low. AUD/USD breaches 0.6988 temporary low and is likely resuming recent decline from 0.7295. Dollar is ready to have a come back should NFP delivers. In Asia, Hong Kong HSI is up 0.25%. China Shanghai SSE is up 0.52%. Singapore Strait Times is down -0.13%. Japan remains on holiday. Overnight, stocks were pressured on fading chance of Fed rate cut. DOW dropped -0.46%. S&P 500 dropped -0.21%. NASDAQ dropped -0.16%. 10-year yield jumped 0.041 to 2.552. Near term bullishness in 10-year yield was revived and focus is back on 2.6 handle. | 
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