The DXY topped out at 98.13 yesterday,.......>

DOLLAR: The DXY topped out at 98.13 yesterday, before a sharp retracement ahead

of the WMR fix pressured to 97.82. The index later recovered to close in NY at

98.05. Consolidation largely remained the theme through Asia, volumes remained

light tied to a narrow 97.99-98.06 range. Topside focus remains on the

double-top resistance area at 98.30/35, a break opens a run at the 99.00 level.

- Gold dipped back under $1270 yesterday to print its lowest level in

three-weeks. Recovery efforts hold shallow and keeps the downtrend intact with

near-term support at $1268.68 from the May 3 low. Below here opens the 200-dma

at $1258.43, ahead of the 50% retracement of the Oct - Feb rise at $1253.60.

- WTI & Brent trade toward the lower end of their respective narrow ranges, last

$62.56/71.70.

- US FOMC minutes the main highlight today at 1800GMT. Fed speeches also due

from Williams(1400GMT) & Bostic(1410GMT).