 Euro remains the weakest one for the week as selloff deepens. It seems that markets believe the coronavirus outbreak in China would hurt Eurozone's economy more, in particular the export led German economy. Optimism of recovery this year is dented. Swiss Franc is somewhat dragged down by the common currency and is trading as second weakest. On the other hand, Sterling is the strongest one for the week after yesterday's strong rally on cabinet reshuffle. Australian Dollar is currently the second strongest after it defended a key support against Dollar earlier in the week. Technically, EUR/CHF breaks 1.0629 key support level without any sign of bottoming yet. Sustained trading below this level could prompt further selloff in Euro elsewhere. In particular, that could trigger a break of 0.8276 low in EUR/GBP to resume larger fall from 0.9324. AUD/USD could be one to watch before weekly close as recovery from 0.6662 lost momentum well ahead of 0.6774 resistance. Decisive break of 0.6662/70 zone will confirm medium term down trend resumption. In Asia, currently, Nikkei is down -0.70%. Hong Kong HSI is up 0.34%. China Shanghai SSE is up 0.16%. Singapore Strait Times is up 0.02%. Japan 10-year JGB yield is up 0.00039 at -0.028. Overnight, DOW dropped -0.43%. S&P 500 dropped -0.16%. NASDAQ dropped -0.14%. 10-year yield dropped -0.013 to 1.617. | 
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