 Dollar stabilizes in Asian session after steep decline overnight. Bets on Fed's rate cut this month jumped after dovish comments from some key Fed officials. It seems that Fed might choose not to listen to the solid economic data released recently, but opt for the path of insurance. Treasury yield also tumbled notably. Gold rides on the greenback's weakness and breaks 1440 handle. Staying in the currency markets, Dollar is indeed not the worst performing one for the week so far. But Sterling is the weakest, followed by Euro and the Canadian. New Zealand Dollar is the strongest for the week, followed by Australian and the Yen. But the picture could still change before weekly close. Technically, AUD/USD's break of 0.7047 resistance confirmed resumption of rise from 0.6831 for 0.7118 fibonacci level next. USD/CAD breached 1.3018 temporary low but couldn't sustain below 1.3052/68 cluster support yet, probably waiting for Canadian retail sales. EUR/USD is stuck in range of 1.1193/1285 despite yesterday's rebound, keeping near term outlook neural. GBP/USD is also held below 1.2579 resistance so far, keeping near term outlook bearish. In Asia, major stock markets surge on expectations of Fed cut. Nikkei is up 1.96%. Hong Kong HSI is up 1.07%. China Shanghai SSE is up 0.77%. Singapore Strait Times is up 0.38%. Japan 10-year JGB yield is up 0.0023 at -0.133. Overnight, DOW rose 0.01%. S&P 500 rose 0.36%. NASDAQ rose 0.27%. 10-year yield dropped -0.023 to 2.038. | 
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