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JPY outperformed across the board............>

DOLLAR
DOLLAR: JPY outperformed across the board overnight largely ignoring the
unchanged BoJ MonPol decision, while the dollar remains at elevated levels with
any pullbacks remaining shallow.
- The DXY rallied through 98.00 yesterday, before topping out at 98.18, its
highest levels since May 16 2007. Despite a minor retracement, the index
consolidated above 98.00 through Asia tied to a narrow 98.00-14 range. On the
topside there isn't much now up until the psychological 100 level (99.88 - May
11 2017 high). A break is likely to accelerate the move toward 100.15 which
represents the 76.4% retracement of 103.82-88.25.
- Gold holds toward the peak of its narrow $3 range, however still remains in a
major downtrend. Pivotal support comes in today at $1269.10, a break opens
Tuesday's multi-month lows of $1266.42. Last $1276.15.
- WTI & Brent pared early losses to hold $0.40 higher on the session.
- Jobless Claims & Durable Goods the main highlights in the US today at 1230GMT.
Initial jobless claims in the US are expected to increase to 201,000 from
192,000 in the previous week, where a decline was registered of 5,000. 

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