 Dollar's selloff continues today and is accelerating. Solid risk appetite isn't a friend of the greenback this time, nor the Yen which is the second weakest. Sterling is staging a strong rebound as it seems that recent pull back has completed. Commodity currencies are indeed mixed despite persistent strength in oil prices and gold. As for the week, Yen is the weakest one, followed by Dollar. Kiwi is the strongest, followed by Aussie, but the Pound has the potential to over take them. Technically, GBP/USD's break of 1.3079 resistance and GBP/JPY's break of 141.15 resistance suggest that corrective pull back has completed. Further rise is in favor back to 1.3514 and 147.95 respectively. 0.8476 minor support in EUR/GBP will now be watched to confirm broad based come back in Sterling. USD/CHF's break of 0.9770 indicates resumption of fall from 1.0023 towards 0.9659 support. USD/CAD's break of 1.3102 also resumes the fall from 1.3327 to 1.3042 key support level. In Europe, currently, FTSE is up 0.32%. DAX is up 0.55%. CAC is up 0.43%. German 10-year yield is down -0.0028 at -0.241. Earlier in Asia, Nikkei dropped -0.36%. Hong Kong HSI rose 1.30%. China Shanghai SSE dropped -0.08%. Singapore Strait Times rose 0.11%. Japan 10-year JGB yield closed up 0.0021 to -0.011. | 
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