 Dollar's broad based selloff continues in Asian session today. There are increasing concerns that momentum of US economic recovery is starting to falter. The pessimism is somewhat reflected in persistent decline in treasury yields too. Though, Canadian Dollar is even worse as pressured by sharp decline in oil prices. Euro and Sterling continue to stay strong across the board. Euro will be facing some tests from GDP data today today, but it will likely survive downside surprises. Technically, EUR/USD's solid break of 1.1816 projection level suggests further upside acceleration. Next target will be 1.2216. EUR/CAD is on track to break through 1.5991 to resume near term rise from 1.4263. We'd be cautious on rejection by 1.6151 key resistance handle. But firm break there will be a key sign on medium term bullishness. In Asia, currently, Nikkei is down -2.28%. Hong Kong HSI is up 0.04%. China Shanghai SSE is down -0.02%. Singapore Strait Times is down -1.70%. Japan 10-year JGB yield is down -0.0088 at 0.011. Overnight, DOW dropped -0.85%. S&P 500 dropped -0.38%. NASDAQ rose 0.43%. 10-year yield dropped -0.038 to 0.541, broken April's low at 0.543. | 
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