The DXY is operating around session lows as...>

FOREX: The DXY is operating around session lows as the greenback continues to

attract sellers. USDJPY ran to highs heading in to the Tokyo fix, but has since

pulled back with the Nikkei 225 trading 1.00% lower. USDJPY last trades at

~106.50.

- Elsewhere both the AUD & the NZD have moved higher vs. USD, aided by the

strong industrial production release out of China.

- GBP & EUR have benefitted from the broader USD weakness, with cable having a

look at 1.400 & EURUSD back above 1.2400. After the figure initial resistance

for cable is found at 1.4021 the 1.618% swing $1.3930-1.3712, while EURUSD

resistance isn't noted until the Mar 8 high at 1.2446.

- USDCAD operates at 1.2940 last, after CAD posted losses across the board on

Tuesday on the back of BoC Gov Poloz stressing the Bank's cautious,

data-dependant stance. Hourly support is noted between 1.2880/90.