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The dollar remains soft against most.........>

DOLLAR
DOLLAR: The dollar remains soft against most majors (except the JPY) trimming
only minor Asia/European losses. EURUSD holds above $1.1500 with topside focus
on the double top resistance area at $1.1545/50. GBPUSD sits in the middle of
its narrow 50 pip range, last $1.2820. Commodity tied FX fares well with modest
gains across the board. Near-term support in USDCAD at C$1.3100, a break opens
the 100-dma at C$1.2981. USDJPY has recovered well after briefly trading under
the 100 & 200-dma's to Y110.41. Bulls need to regain Y110.68 and close above to
Y111.12 to shift momentum. The DXY remains off its best levels off the day
(95.75), last 95.44, while gold dips back under $1192.   

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