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DXY has edged lower and last sits at 95.76...>

DOLLAR
DOLLAR: DXY has edged lower and last sits at 95.76 after adding 8 pips Tuesday,
ahead of Wednesday's FOMC MonPol decision & accompanying Fed rhetoric.
Elsewhere, Wednesday will see the beginning of top-level Sino-U.S. trade talks.
As a reminder, U.S. Tsy Sec Mnuchin said yesterday that "everything is on the
table", depending on what China offers to Washington. WTI & gold are barely
changed at writing. Worth mentioning yesterday Apple reported that it expects
sales within the $55-59bn range in the current period, against the $58.97
consensus forecast, with headline earnings not as bad as many feared in the wake
of the company's recent guidance revision, which was enough to trigger a
post-market rally in tech stocks. 
- DXY bears keep an eye on 95.62, where the index bottomed yesterday, before
targeting the 200-DMA at 95.28. Conversely, bulls need a break above yesterday's
high of 95.87, ahead of the 21-DMA at 95.99. 
- Besides the aforementioned FOMC decision (for our comprehensive Fed preview,
visit http://marketnews-m.objects.xtenit.com/marketnewsintl/MNIFedJan2019.pdf) &
trade talks with China, U.S. highlights today include ADP employment change.

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