 Sterling stays soft in Asian session and remain the second worst performing one for the week. Risk of no-deal Brexit continues to weigh on the Pound. UK GDP and production data could add more selling pressure. For the week, New Zealand Dollar remains the weakest one after the surprised 50bps rate cut by RBNZ earlier. Swiss Franc is currently the strongest for the week, followed by Euro and the Yen. While stocks and yield stabilized somewhat after this week's steep decline, sentiments remain generally cautious on increasing tensions between US and China. Technically, Sterling pairs will be a major focus in European session. GBP/USD is still holding on to 1.2079 temporary low. But weak recovery so far favors decline resumption. Similarly, GBP/JPY is also holding above 128.11 temporary low but downside breakout looks imminent. EUR/GBP is extending recent rise, with weaker upside momentum. But as long as 0.9088 support holds, it's still on tract to 0.9305 resistance next. EUR/CHF turns softer after failing to break through 4 hour 55 EMA. Break of 1.0863 will resume recent decline and could prompt more broad based selling in Euro. In Asia, Nikkei is currently up 0.60%. Hong Kong HSI is down -0.18%. China Shanghai SSE is down -0.37%. Japan 10-year JGB yield is down -0.019 at -0.209. Overnight, DOW rose 1.43%. S&P 500 rose 1.88%. NASDAQ rose 2.24%. 10-year yield rose 0.032 to 1.716. | 
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