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The USD remains close to its weakest.........>

DOLLAR
DOLLAR: The USD remains close to its weakest levels of the session, lifting both
EUR/USD and GBP/USD toward session highs with little newsflow to back up the
price action. With the NY cut now done and out of the way, the major pairs are
breaking the ranges of the day as US equity markets, gold and 10y US Treasury
yields are bid. The calendar remains quiet for the rest of the session ahead of
US housing, GDP and personal income numbers later in the week. 
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com

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