Dollar is starting to pare back this week's gains in early US session, after retail sales data were not materially stronger than expectations. It looks like EUR/USD could close the week above parity, and may start to stabilize for the near term. US futures are trading higher after the data and could point to a rebound in stocks. There is prospect of stronger rebound for Aussie and Loonie for the rest of the session. Technically, before the close of the week, some attention could be on EUR/JPY, which is pressing 139.78 minor resistance. Firm break there will argue that that pull back from 144.26 has completed, and would bring retest of this high next week, probably with up trend resumption later in the month. Rebound is stocks would help EUR/JPY achieve it. In Europe, at the time of writing, FTSE is up 0.86%. DAX is up 1.31%. CAC is up 0.32%. Germany 10-year yield is down -0.029 at 1.150. Earlier in Asia, Nikkei rose 0.54%. Hong Kong HSI dropped -2.19%. China Shanghai SSE dropped -1.64%. Singapore Strait Times rose 0.28%. Japan 10-year JGB yield dropped -0.0002 to 0.235. | 