As the USD remains soft against most FX......>

DOLLAR: As the USD remains soft against most FX majors (except NOK), the DXY

comfortably trades below the 100-dma around 94.30/40. This level could be tough

to break having previously held through August. EURUSD holds toward the upper

end of its $1.1669-1.1709 range, targeting a break of the key $1.1750 area.

GBPUSD remains elevated following earlier Lidington remarks with bulls looking

to break $1.3213/15 (1.0% 10-dma envelope/Sep19 high) for the next leg higher.

Focus on UK Retail Sales data at the bottom of the hour, MNI's Data Team note

markets may be in for a better-than-expected outcome. Commodity tied FX hold on

to recent gains, USDCAD is challenging C$1.2900 with the 200-dma at C$1.286

NZDUSD consolidates o/n NZ GDP gains to $0.6662, AUDUSD last $0.7271.