 Dollar remains the strongest one for today but Swiss Franc and Sterling have overtaken as the next strongest. Sterling is some what helped by solid PMIs but Euro shrugged off the disappointing PMI readings. European stock markets are having a solid rebound today while US equities might further pare back recent losses. We'll see if that would help Yen crosses rebound, or drag down the greenback a bit. At the same time, Australian and New Zealand Dollars remain the weakest on expectation of further central bank easing. Technically, USD/JPY is pressing 105.20 minor resistance. Firm break there will temporarily neutralize near term bearishness and bring stronger rebound back towards 106.94 support. EUR/GBP is a pair to watch for today and tomorrow as. It's currently in the middle of range of 0.9067/9291 and looks set to take on the lower side. Break of 0.9067 could be an early sign of near term bearish reversal. As long as 1920.06 resistance holds, Gold should extend the decline through 1862.55 to 61.8% retracement of 1670.66 to 2075.18 at 1825.16. Ideally, that should be accompanied by further rebound in Dollar. In Europe, currently, FTSE is up 2.02%. DAX is up 1.21%. CAC is up 1.38%. German 10-year yield is up 0.0002 at -0.501. Earlier in Asia, Nikkei dropped -0.06%. Hong Kong HSI rose 0.11%. China Shanghai SSE rose 0.17%. Singapore Strait Times rose 0.72%. Japan 10-year JGB yield dropped -0.0033 at 0.010. | 
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