 Sterling remains the weakest one among the major currencies as selloff continues. Though, Dollar and Yen are catching up today while markets turned back into risk-on mode. Commodity currencies are generally firmer as led by Aussie. Even Canadian Dollar shrugs of terrible April retail sales data. Instead, the Loonie is taken up by oil prices. Technically, WTI crude oil's correction might have completed at 34.36. Break of 40.56 will resume recent strong rally. But for now, we're not expecting a sustained break of 42.05 key support turned resistance. So upside potential should be limited. Break of 37.12 minor support will turn focus back to 34.36. So, the lift to CAD will likely be temporary. Meanwhile, EUR/GBP has finally breached 0.9054 resistance to resume the rebound from 0.8670. More broad based weakness in the Pound could follow. In Europe, currently, FTSE is up 1.38%. DAX is up 1.16%. CAC is up 1.52%. Germany 10-year yield is up 0.0015 at -0.438. Earlier in Asia, Nikkei rose 0.55%. Hong Kong HSI rose 0.73%. China Shanghai SSE rose 0.96%. Singapore Strait Times dropped -1.16%. Japan 10-year JGB yield dropped -0.0044 to 0.012. | 
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