The markets are now reversing prior moves in the week, with Dollar, Yen and Swiss Franc trading generally lower. Canadian Dollar is supported by strong job data, while Aussie and Kiwi also recover. Major European indexes are trading slightly up as DOW futures is also up over 260 pts. US 10-year yield is back above 1.3 handle, while Germany 10-year yield is above -0.3. now, we'd see how much of the last moves of the week could reverse the prior ones. Technically, 1.1894 minor resistance in EUR/USD will be a focus before the weekend. Break there would indicate short term bottoming at 1.1780 and bring stronger rebound. At the same time, break of 1.241 minor support in USD/CAD could turn focus back to 1.2301 support. Bearish divergence on 4 hour MACD in USD/CAD would then raise the chance of short term topping. In Europe, at the time of writing, FTSE is up 0.71%. DAX is up 0.91%. CAC is up 1.68%. Germany 10-year yield is up 0.013 at -0.292. Earlier in Asia, Nikkei dropped -0.63%. Hong Kong HSI rose 0.70%. China Shanghai SSE dropped -0.04%. Singapore Strait Times rose 0.77%. Japan 10-year JGB yield rose 0.0028 to 0.031. | 