DXY has edged higher and last sits at........>

DOLLAR: DXY has edged higher and last sits at 96.90 after finishing 18 pips

higher Tuesday. The move higher was underpinned by strong non-m'fing ISM & new

home sales data coming from the U.S., which allowed the dollar index to briefly

look above the 97.00 mark.

- WTI last trades ~$0.50 lower, with gold virtually unchanged on the day.

- Worth mentioning yesterday Fed's Rosengren said that should the economic risks

persist, "there would be no need to tighten at the end of the year," while

Kashkari pledged that he is "going to do my part not to screw it up and raise

rates unnecessarily."

- DXY bulls look for a move back above the psychological 97.00 level before

targeting the YTD high of 97.37. On the downside, initial attention is drawn to

96.66, where the index bottomed yesterday, ahead of the 21-DMA at 96.62.

- U.S. trade balance & ADP employment change, as well as remarks from Fed's

Williams & Mester, all due today, take focus from here.