 Australian Dollar remains the strongest one for the week as stronger than expected CPI data prompted another round of buying in Asia. Other commodity currencies are also firm, but the Japanese Yen is not too far away. Dollar, on the other hand, is the worst performing one for the week so far. The greenback will turn to US GDP and Fed for savior. European majors are generally mixed. Technically, USD/JPY remains on track to 104.58 near term projection level. It seems to be finally dragging down EUR/JPY, which is pressing 115.54 temporary low. Break will target near term projection level at 114.19. Aussie pairs are worth a lot of attention before the weekend, as they're pressing key resistance levels now. AUD/JPY is close to medium term cluster at around 69.95 (61.8% retracement of 76.54 to 59.89 at 70.17). AUD/CAD breached 0.9105 (38.2% retracement of 1.0784 to 0.8066 at 0.9104. EUR/AUD is pressing 1.6597 (2015 high, which is close to 55 week EMA at 1.6512. We'll see if Aussie could power through these important levels. In Asia, currently, Nikkei is down -0.06%. Hong Kong HSI is up 0.27%. China Shanghai SSE is up 0.39%. Singapore Strait Times is up 0.42%. Japan 10-year JGB yield is down -0.0075 to -0.045. Overnight, DOW dropped -0.13%. S&P 500 dropped -0.52%. NASDAQ dropped -1.40%. 10-year yield dropped -0.046 to 0.610. | 
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