 Dollar continues to trade with a soft tone despite better than expected jobless claims data. The decline in claims data is seen more as a result of expiration USD 600 a week supplemental federal benefits, rather than the improvement in the labor market conditions. For now, though, New Zealand Dollar and Yen are the worst performing for today, with the latter pressured by further rally in treasury yields. European majors continue to trade higher with Sterling the strongest. Technically, Yen's selloff is staying in acceleration mode. CAD/JPY's rally from 77.61 is in progress as long as 79.86 support holds. Consolidation from 81.91 should have completed with three waves down to 77.61. We'd expect a break of 81.91 resistance in near term. GBP/JPY has resumed the rise from 123.94 towards 141.07 projection level. We'll watch for sign of acceleration above there. EUR/JPY is also on track to 129.32 projection level. In Europe, currently, FTSE is down -1.02%. DAX is down -0.40%. CAC is down -0.35%. German 10-year yield is up 0.0221 at -0.424. It might challenge -0.4 handle soon. Earlier in Asia, Nikkei rose 1.78%. Hong Kong HSI dropped -0.05%. China Shanghai SSE rose 0.04%. Singapore Strait Times rose 1.28%. Japan 10-year JGB yield dropped -0.0069 to 0.035. | 
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