 Dollar rises notably in early US session after stronger than expected US GDP data. The solid data rises further question on whether Fed would really cut interest rate next week. Even so, a -50bps cut is basically out of question. The greenback is followed by Yen and the Euro. On the other hand, Australian Dollar is the weakest one, followed by New Zealand Dollar., and the Sterling. Technically, 0.9951 resistance in USD/CHF, 108.99 resistance in USD/JPY and 0.6910 support in AUD/USD will be watched for further Dollar strength. Though, the most important levels will be 1.1107 low in EUR/USD and 1.2391 low in GBP/USD. These two levels are the most important for the greenback to overcome. In Europe, currently, FTSE is up 0.61%. DAX is up 0.21%. CAC is up 0.50%. German 10-year yield is down -0.010 at -0.371. Earlier in Asia, Nikkei dropped -0.45%. Hong Kong HSI dropped -0.69%. China Shanghai SSE rose 0.24%. Singapore Strait Times dropped -0.52%. Japan 10-year JGB yield rose 0.0008 to -0.149. | 
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