The USD sits moderately weaker across G10....>

DOLLAR: The USD sits moderately weaker across G10 at the European crossover, NZD

& AUD remain top of the pile underpinned by developments in US-China trade

relations.

- The DXY currently holds around the 100-dma (96.42), a level breached but

failed to close below in recent sessions. Support remains on approach to 96.00,

a break brings the 200-dma at 95.61 back into view. The 61.8%/76.4% retracements

of 97.08-96.28 provide the next resistance area at 96.77/89.

- Gold remains at elevated levels, off last week's multi-month high ($1346.80)

at 1330.50/55. The 61.8% retracement of $1302.48-1346.80 acts as support at

$1319.41, ahead of the 21-dma at $1318.29.

- Oil futures have drifted off last week's high. Brent dips back under $67 with

topside focus on a break of $68.33 which represents the 50% retracement of

$86.74-49.93.

- Preliminary month-end rebalancing bank models suggest mild dollar sales.