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

DOLLAR: DXY has added 8 pips thus far and last sits at 96.46 after falling 14

pips yesterday amidst mixed signals re: U.S.-China trade relations.

- Yesterday, BBG source reports stating that Chinese negotiators are pushing

back on some of the U.S. demands capped risk appetite in the NY hours, even as

U.S. President Trump said that "talks are going very well." Elsewhere, WSJ

reported that U.S. TR Lighthizer & U.S. Tsy Sec Mnuchin will travel to Beijing

next week, while Chinese VP Liu will visit Washington the following week.

- WTI last trades $0.20 lower, with gold $1.50 lower.

- DXY bulls target the 100-DMA at 96.55, which capped yesterday's gains, and a

break above would open up the 21-DMA, located a further 10 pips above.

Meanwhile, bears look for a breach of the 50-DMA at 96.40, followed by 96.29,

which limited losses yesterday.

- The FOMC MonPol decision, as well as the accompanying press conference with

Fed Chair Powell, will be in the spotlight today.