The DXY finished lower for the 7th session....>

FOREX: The DXY finished lower for the 7th session in 8, with Monday's close

below the 50-DMA extending Tuesday despite a late relief rally. This contrasted

with 10-Year Treasury yields, which broke higher to trade at two week highs

early in the session.

- What appeared to be short-covering in EUR/USD, GBP/USD and the like pushed the

pairs through key resistance levels, adding pressure to the greenback throughout

the day.

- CAD was among the strongest in the G10 as markets added to their wager that

Canada will join a new NAFTA deal, with the deadline pencilled in at the end of

the week.

- Mixed equities lent support to the CHF, which tipped USD/CHF through the

200-DMA for the first time since January.

- Meanwhile, the SEK suffered, briefly touching the lowest levels against the

EUR in nine years on poor SW retail sales numbers (-1.2% Y/Y vs. Exp. +0.5%).

- Focus turns to U.S. GDP Wednesday as well as a speech from BOJ's Suzuki.