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Despite a quiet session overnight, the DXY...>

DOLLAR
DOLLAR: Despite a quiet session overnight, the DXY holds heavy toward the lower
end of its 94.97-93.82 weekly range. The breakdown in correlation with UST
yields has seen the USD further extend its corrective pullback with next support
seen at 93.71 from the Jul 9 low, below here opens 92.62 which represents the
50% retracement of 2018 range. Gold comfortably holds above the 50-dma, last at
$1208.89. The 55-dma provides next resistance at $1210.56, ahead of the Aug28
high at $1214.35. 

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