DXY last seen at 96.69, virtually unch. on...>

DOLLAR: DXY last seen at 96.69, virtually unch. on the day, with WTI sitting a

touch lower & gold trading flat. The index added 16 pips yesterday, even AS the

USD's London/NY gains were capped by reports noting progress in the U.S. House

Judiciary Committee's probe into the dealings of President Trump.

- Worth mentioning that Senate Majority Leader McConnell said that the chamber

is set to pass a resolution blocking President Trump's declaration of national

emergency. However, McConnell added that Congress will likely not be able to

rebuke any subsequent presidential veto.

- Monday also saw Tsy Sec Mnuchin invoke special measures through June 5 to

continue paying the U.S. gov't's bills without breaching the debt ceiling.

- DXY bulls need to retake yesterday's peak at 96.82 before challenging the

psychological 97.00 level. Conversely, bears look for a breach of the 21-DMA at

96.57, which would allow them to set their sights on the 100-DMA at 96.49.

- U.S. focus today turns to domestic non-m'fing PMI data, new home sales &

monthly budget statement. Elsewhere, Fed's Rosengren Kashkari and Barkin are due

to speak.