News Snapshot:
DXY keeps the bearish note unchanged below 91.00. The leg lower in the dollar comes despite the rebound in US yields. The weekly report by the API will be the only release of note. The greenback remains on the defensive for yet another session and extends the drop further south of the key 91.00 support when tracked by the US Dollar Index (DXY) . US Dollar Index weaker on risk-on trade The index extends the leg lower to new 7-week lows in the 90.90/85 band on turnaround Tuesday. The dollar remains unable to gather some fresh oxygen in spite of...
