The dollar sits mixed across the board at....>

DOLLAR: The dollar sits mixed across the board at the European crossover. JPY

sits top of the pile with modest gains of 0.22%, while no surprise to see NZD at

the bottom after the RBNZ unexpectedly cut the OCR by 50bps to 1.00% (last 50bp

cut was in March 2011).

- The DXY holds toward the lower end of its 97.43-85 range. Key support remains

at 97.32 from the 100-dma, a close below here would extend the downtrend towards

97.02/96.93 which represents the 61.8% retracement of 95.84-98.93 & 200-dma.

- Gold rallied through the long-term 50% retracement level to multi-year highs

of $1490.24. The underlying tone holds firm opening up trendline resistance on

the weekly chart at $1494.8, ahead of the psychological $1500 level & upper

trend channel on the monthly chart at $1503.50.

- WTI & Brent hold toward the upper end of their respective 60+ pip ranges.

- UST yields continue defensive with the 10y touching multi-year lows of

1.6569%. The Oct 4 2016 low provides the next support area at 1.6100%.

- Quiet on the US calendar today. Chicago Fed's Evans is due to speak at

1330GMT.