The dollar is beginning the week on a soft note, despite the modest backing up of yields over the last couple of sessions and better than expected data, including Black Friday sales and the preliminary November PMI. It is sporting minor losses against all the G10 currencies, but the Canadian dollar, which is the weakest of the major currencies this quarter and month. The greenback is also lower against most emerging market currencies, but the Turkish lira and Chinese yuan. Gold is extending its two-week rally and reached $2018, its best level since mid-May. Ahead of the delayed OPEC+ meeting, January WTI is heavy ... (full story)