 Dollar's selloff continues in early US session and it's extending after weaker than expected core CPI reading. Sterling is lifted by strength in UK yield today, with 10-year Gilt yield hitting as high as 0.494 so far. It could try to take on a pre-pandemic floor of around 0.50%. Currency markets are relatively mixed elsewhere, with notable resilience seen in Swiss Franc, but not in Yen. Commodity currencies are and Euro are firm but there is no impulsive follow through buying for now. Technically, GBP/JPY's rally extends after brief consolidations and hits as high as 145.04 sofar. It's on track to 147.95 key medium term resistance. A focus would be on 0.8737 temporary low in EUR/GBP. Break will pave the way to 0.8670 support, and affirm the Pound's broad based strength. In Europe, currently, FTSE is up 0.20%. DAX is up 0.04%. CAC is down -0.02%. Germany 10-year yield is down -0.0041 at -0.449. Earlier in Asia, Nikkei rose 0.19%. Hong Kong HSI rose 1.91%. China Shanghai SSE rose 1.43%. Singapore Strait Times -0.32%. Japan 10-year JGB yield rose 0.0096 to 0.080. | 
