DXY took a hit amid a round of USD/JPY.......>

DOLLAR: DXY took a hit amid a round of USD/JPY sales, which sent the rate

through a key support level. The moves occurred amid a thinner liquidity, as

Japanese markets are closed for a public holiday. DXY probed the water below

yesterday's worst levels, printing a new 22-month low.

- Sino-U.S. tensions and U.S. fiscal matters remain in focus. Participants await

any potential announcement of a U.S. consulate closure ordered by China.

Elsewhere, Senate Majority Leader McConnell said that the new stimulus package

won't be ready until Monday, as GOP Senators & the White House struggle to agree

on the final text of the bill.

- WTI sits +$0.15/barrel; gold last seen +$1.25/oz as we type.

- A break below the lower 3.0% Bollinger band/channel floor at 93.71/68 would

further support bearish case. Conversely, bulls need to reclaim Jun 10 low of

95.72 to gain some impetus. The index last sits -7 pips at 94.63.

- Local new home sales data & flash Markit PMIs headline the U.S. docket today.

There is no Fedspeak coming up, the FOMC is in its blackout period ahead of next

week's MonPol meeting.