Canadian Dollar rises in early US session after stronger than expected retail sales data. Sterling is also firm after strong PMIs. But Euro had little reaction to the solid PMI data. Instead, the common currency seems to be reacting to ECB President Christine Lagarde's comment that accommodative policies remain necessary for months to come. Euro is currently the weakest one for today, followed by Swiss Franc, and then Dollar. Technically, EUR/CAD's sharp fall suggests that recovery from 1.4580 has completed, even though it was slightly stronger than expected. Focus is now back on 1.4580 low. Break will resume larger down trend. USD/CAD is also back under pressure, and sustained trading below 1.2061 cluster support will carry larger bearish implications. Deeper fall could then seen in USD/CAD for 1.1816 projection level next. In Europe, at the time of writing, FTSE is down -0.08%. DAX is up 0.33%. CAC is up 0.51%. Germany 10-year yield is down -0.026 at -0.131. Earlier in Asia, Nikkei rose 0.78%. Hong Kong HSI rose 0.03%. China Shanghai SSE dropped -0.58%. Singapore Strait Times rose 0.26%. Japan 10-year JGB yield dropped -0.001 to 0.083. | 