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DXY remains in consolidation mode with the...>

DOLLAR
DOLLAR: DXY remains in consolidation mode with the index held to a narrow
94.40-93 range in recent sessions. Double bottom support is seen through
94.00/10  which also holds the 100-dma at 94.02, a break here would see bears
regain control, opening the July lows of 93.71. Bulls need to reclaim the
95.65/70 area before any attempts at the ytd high of 96.98. The US10y resumed
its downtrend off Wednesday's high (2.8967%), before basing ahead of 2.8500%.
Gold briefly made a show back under $1200 in early Asia, before dip buyers
emerged with the recovery extending to $1208.45.  

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