 Dollar weakens generally again today as remains the worst performing one for the week, on expectation of July Fed cut. Fed Chair Jerome Powell also indicated that the decision could be based more on continuing uncertainties, rather than deterioration of outlook. New York Fed John Williams also hinted he might not want to upset the expectations, which has been helping consumer and business spending already. With the exception of Atlantic Fed Raphael Bostic, other Fed speakers so far seemed to be supportive of a cut. Staying in the currency markets, Sterling is currently the second weakest for the day, followed by Yen. Commodity currencies are the strongest ones on risk appetite, led by Australian. Technically, USD/CAD seems to finally breaking through 1.3052/68 cluster support firmly. Such development should confirm medium term bearish reversal and could drag the pair to next support at 1.2781 first. In Asia, Nikkei closed up 0.20%. Hong Kong HSI is up 0.26%. China Shanghai SSE is up 0.44%. Singapore Strait Times is up 0.14%. Japan 10-year JGB yield is up 0.0175 at -0.122. Overnight, DOW rose 0.85% to 27088.08. S&P 500 rose 0.23% to 2999.91. Both were record closes. NASDAQ dropped -0.08%. 10-year yield jumped 0.059 to 2.120. | 
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