 Sterling weakens generally today after a known BoE hawk Michael Saunders surprisingly turned dovish. The Pound will likely end the weak as the worst performing one. Euro is trying to recover but there is little committed buying so far. The common currency is set to end the week. as next weakest, along with Yen. Dollar is paring some gains after mixed personal income and spending report. But after all, core PCE's rise to 1.8% yoy is a welcomed development for Fed in any sense. Technically, as long as 1.0967 minor resistance holds, EUR/USD is still seen as resuming medium term down trend. Selling might just be delayed till next week. With weakness in Yen, USD/JPY is possibly heading back to 108.47 and break will resume rebound from 104.45 to 109.31 key resistance next. In US, DOW opened mildly higher and is currently up 0.25%. In Europe, FTSE is up 0.81%. DAX is up 0.74%. CAC is up 0.13%. German 10-year yield is down -0.0011 at -0.581. Earlier in Asia, Nikkei dropped -0.77%. Hong Kong HSI dropped -0.33%. China Shanghai SSE rose 0.11%. Singapore Strait Times dropped -0.01%. Japan 10-year JGB yield rose 0.0119 to -0.235. | 
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