DXY holds close to the best levels of the........>

US: DXY holds close to the best levels of the session as well as the year, with

today's high above 97.00 the best print since Dec26 for the USD index. The

greenback found some further support heading through the US open, with equities

holding early gains and underpinning the 0.4% rise in the S&P 500. US 10yr

yields continue to recover off the poor close printed Friday, climbing back

above 2.65 with relatively little difficulty. Commodities are being weighed upon

further by the greenback strength, resulting in WTI crude futures nursing losses

of over 2.5%, with oil bears eyeing the psychological $50/bbl handle for

direction from here. Precious metals also underperform, with spot gold

retreating 0.6% so far today.