The dollar registers modest gains across.....>

DOLLAR: The dollar registers modest gains across most of G10 FX at the European

crossover, with the DXY off Asia traded lows (94.50) to 94.65/70. The 94.90/00

area provides double top resistance and also holds the 55-dma, a break opens

95.69/71 (Aug24 high, 50% 96.98-94.43). The US 10y remains at elevated levels of

2.8785%, while gold clings on to $1200, ($1200.55 - Asia low). US data today

from Jobless Claims which is expected to rebound by 4,000 to 214,000 in the

August 25 week after a decrease of 2,000 to 210,000

in the previous week, just above the recent low of 208,000. Also at 1230GMT, US

personal income data is expected to rise by 0.3% in July, as payrolls rose by

157,000 and hourly earnings rose 0.3%, while average

weekly hours fell to 34.5 hours. Current dollar PCE is forecast to rise by 0.2%

after a softer-than-expected 0.4% June gain.