 Risk aversion carries on in Asian session today, after the massive selloff in the US overnight. But selling has some what eased ahead of the weekend. In the currency markets, Yen and Swiss Franc remain the strongest ones for the week, even though both are paring some gains. Dollar and Euro are racing to be the next strongest with Dollar having a mild upper hand. Australian Dollar is the weakest for the week, followed by Canadian and then New Zealander. Technically, the anticipated risk pull back should have finally started. AUD/USD has taken out 0.6898 minor support. AUD/JPY broke 74.40 minor support. USD/CAD broke 1.3572 minor resistance while CAD/JPY broke 79.95 support this week. GBP/USD also broke 1.2618 minor support to confirm short term topping. The question now is whether EUR/USD would break 1.1241 minor support to align the outlook with other Dollar pairs. Meanwhile, in spite of recovery, we're not expecting bottoms in USD/CHF and USD/JPY. In Asia, Nikkei is currently down -0.71%. Hong Kong HSI is down -1.30%. China Shanghai SSE is down -0.38%. Singapore Strait Times is down -1.49%. Japan 10-year JGB yield is up 0.0011 at 0.006. Overnight, DOW dropped -6.90%. S&P 500 dropped -5.89%. NASDAQ dropped -5.27% to close at 9492.73, lost 10k handle. 10-year yield dropped -0.095 to 0.653. | 
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