The dollar is mixed overall, but at least holding on to decent gains against commodity currencies, with both the loonie and Aussie trailing today.

Despite oil holding higher as OPEC+ meets and Saudi Arabia pledges to support the market, the Canadian dollar is down 0.5% against the greenback with USD/CAD up to 1.3290 currently. Meanwhile, AUD/USD fell 0.5% to 0.6660 after brushing key resistance from its 100- and 200-day moving averages at 0.6690-94 earlier.

This remains a key resistance point for the pair as sellers look to snap four straight days of gains since last week.

Softer sentiment in equities is part of the reason risk currencies are weighing on today. There is a more defensive flow with 2-year and 10-year Treasury yields also down 4.6 basis points and 1.9 basis points at the moment.

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