Dollar Edges Higher

Dollar Edges Higher, Focus on Existing Home Sales
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Dollar edges further higher in a quiet start of the day. Weakness in Sterling is particular apparent as GBP/USD dives
below 1.85 level. Euro, Aussie, Swissy all weakens against the greenback too but is still holding above last week's
low. Technically speaking, outlook is still rather mixed but favor is mildly in the case that last week's pull back in the
dollar has completed already and hence, more upside is in favor for the greenback this week. Though, the major
currencies will need to break through last week's low to confirm.

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