DXY FALLS AS US CONSIDERS LIFTING CHINA.......>

FOREX: DXY FALLS AS US CONSIDERS LIFTING CHINA TRADE TARIFFS

-DXY fell to new session lows just before the US close on the headline, "*U.S.

WEIGHS LIFTING CHINA TRADE TARIFFS: DJ"-bbg. The dollar was able to pare roughly

half of those losses into the bell

-USDJPY spiked to session highs of 109.40, closing in on the 21-dma at 109.42,

before paring some gains into the close. 

-EURUSD turned positive on the dollar dip, touching 1.14 before settling at

1.1389 into the US bell

-GBPUSD climbed gradually throughout the day as the market seemed to be further

pricing in expectations that Brexit will be softer and that no deal is becoming

more and more unlikely. Cable rose even further late in the session touching

1.3001 before dipping back below; currently sits 1.2990. A close above 1.30

would have bulls eyeing a further move towards the 200-dma at 1.3094.

-AUSUSD sits above the 100-dma of 0.7172 at 0.7197, as bulls look to close in on

the 76.4% retracement level at 0.7240