 Sterling remains the weakest one for the week, without a doubt in the otherwise mixed forex markets. Overall risk sentiments stabilized with the overnight rebound in US stocks. Dollar has pared back much of this week's gains together with Yen. Euro is currently the stronger one for today, as helped by cross buying against the Pound, and the recovery against Dollar and Yen. Yet, the common currency will remain vulnerable to another decline, subject to ECB's comments on its recent strength. Technically, considering ECB risks, 1.1762 support in EUR/USD and 124.44 support in EUR/JPY would be the focuses for today. The eventual reactions to ECB as well as these two support levels could define the near term direction for next few weeks. AUD/NZD is another one to watch as it appears to have completed a recovery after hitting near term channel resistance. Renewed selling could drag the Aussie down elsewhere. In Asia, currently, Nikkei is up 0.69%. Hong Kong HSI is up 0.01%. China Shanghai SSE is down -0.06%. Singapore Strait Times is down -0.37%. Japan 10-year JGB yield is down -0.0049 at 0.025. Overnight, DOW rose 1.6%. S&P 500 rose 2.01%. NASDAQ rose 2.71%. 10-year yield rose 0.019 to 0.703. | 
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