DXY has added 8 pips thus far and last.......>

DOLLAR: DXY has added 8 pips thus far and last deals at 97.06, with the dollar

outperforming all of its G10 peers but the yen, amidst modest risk-off flows. 

- WTI has added ~$0.30, while gold trades virtually unchanged. 

- Yesterday, the dollar index fell 15 pips, pressured by a soft round of U.S.

data, with domestic retail sales particularly disappointing.

- Worth mentioning social media reports are pointing to a Fox News story

suggesting that U.S. President Trump is set to free up $8bn for the border wall.

- DXY bulls focus on yesterday's peak, which is located at 97.28, and a break

above would bring the 1.0% 10-DMA envelope at 97.61 into view. Meanwhile, bears

look to yesterday's low of 96.95, followed by the 55-DMA at 96.43. 

- U.S. focus today turns to domestic industrial output, U. of Mich. sentiment,

Empire m'fing survey & remarks from Fed's Bostic. Any fresh rhetoric coming from

the top-level Sino-U.S. trade talks, which conclude today, will also be of

interest. 

- Nordea highlight that today (Friday) "is the second biggest SOMA-day on

record, as 23.3bn worth of USD liquidity will be destroyed by the Fed."