Sterling is currently trading as one of the weakest, as weighed down by the return to tough nationwide lockdown. Selloff in the Pound in crosses is keeping Euro and Swiss Franc afloat. Dollar attempted a rebound overnight, with the pull back in stocks. But there is apparently no follow through buying in the greenback yet. Canadian Dollar also reversed some gains as WTI crude oil was once again rejected by 50 handle. Other commodity currencies are mixed for now. Technically, Yen pairs could be a focus for the near term. USD/JPY's decline resumption has somewhat failed yesterday, as it's quickly back above 102.87 low. Though, there is no sign of a sustainable rebound yet. EUR/JPY and GBP/JPY are both close to near term support at 125.92 and 139.44 respectively. Break of these levels would trying some near term buying in Yen and push USD/JPY lower. In Asia, currently, Nikkei is down -0.10%. Hong Kong HSI is down -0.15%. China Shanghai SSE is down -0.05%. Singapore Strait Times is down -0.28%. Japan 10-year JGB yield is down -0.0046 at 0.018. Overnight, DOW dropped -1.25%. S&P 500 dropped -1.48%. NASDSAQ dropped -1.47%. 10-year yield closed flat at 0.917. | 