 Sterling weakens broadly today and remains the worst performing one for the week. BoE rate decision provided little inspiration while growth forecasts are notably lowered in the Inflation Report. Euro is the second weakest one on expectation of ECB easing in September. On the other hand, Yen is currently the strongest one into US session, in particular again Sterling and Euro. Dollar is the second strongest, as supported by yesterday's hawkish FOMC rate cut. Technically, EUR/JPY breaks 120.05 support and resumes recent fall from 127.50 towards 118.62 low. GBP/JPY even breaks 131.51 (2019 low) and resume long term decline from 156.69 (2018 high). USD/JPY looks a bit vulnerable now as it's eyeing 108.49 minor support. Break would turn bias to the downside for 107.21 support. Yen crosses could generally be the focus for the rest of the session. In Europe, currently, FTSE is down -0.42%. DAX is up 0.22%. CAC is up 0.44%. German 10-year yield is down -0.001 at -0.439. Earlier in Asia, Nikkei rose 0.09%. Hong Kong HSI dropped -0.76%. China Shanghai SSE dropped -0.81%. Singapore Strait Times dropped -0.27%. Japan 10-year JGB yield rose 0.0228 to -0.131. | 
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