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The USD sits firmer across the board and.....>

DOLLAR
DOLLAR: The USD sits firmer across the board and looks set to continue its 6-day
winning streak at the European crossover. The DXY closed above the 100-dma
(96.22) and extended the uptrend through Asia to 96.46. Next resistance is seen
at 96.57/69 which represents the Jan 24 high & 61.8% retracement level of
97.71-95.02, a break opens a run at the 97 level. Gold further extends its
corrective pullback to $1302.85 and is now down 1.77% off its Jan 31 peak
($1326.33). Expect support on approach to the $1300 level, a break brings the
21-dma into view at $1298.76, ahead of broken channel top resistance-turned
support at $1292.76. WTI & Brent have held to tight ranges overnight, with the
benchmarks trading $0.10 & $0.20 lower. Data highlights in the US today from
weekly Jobless Claims at 1330GMT. Dallas Federal Reserve Bank president Rob
Kaplan participating in a Q&A session in Dallas, Texas, from 1415GMT. Concluding
the speeches at 1430GMT is the Federal Reserve Board of Governors Vice Chairman
Richard Clarida presenting a research paper in Prague.

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