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US Dollar Focus

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WORLD HEADLINES – The US dollar fell while European stocks climbed alongside US equity futures on renewed hopes for trade tensions to ease.

STOCKS – The Stoxx Europe 600 Index rose, with most sectors in the green, while futures on the S&P 500, Dow and Nasdaq indexes all gained.

BONDS – The yield on 10-year Treasuries increased one basis point to 2.88 percent.

COMMODITIES – The metals rebounded after a hammering on Wednesday. Gold turned higher after touching a 19-month low.

CURRENCIES – The greenback, which has seen recent strength on its role as a haven, fell for the first time in six days.

ECONOMIC DATA – US Building Permits and Philly Fed Manufacturing Index due at 8:30, Natural Gas Storage at 10:30 ET.
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COMMODITY FUTURES, OPTIONS, AND FOREX TRADING INVOLVES SUBSTANTIAL RISK AND IS NOT SUITABLE FOR ALL INVESTORS. PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS.
 
 
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