Stocks Higher, Yields Lower and Oil Lower Leading to a Lower Dollar is the Formula Today

The USD Is lower to kickstart the North American session today. The EURUSD (up 0.34%) and the GBPUSD (+0.49%) are leading the way The USDJPY is down modestly at -0.02%. The markets are reacting to modestly lower yields, lower oil and higher stocks as the formula for

The USD Is lower to kickstart the North American session today.

The EURUSD (up 0.34%) and the GBPUSD (+0.49%) are leading the way

The USDJPY is down modestly at -0.02%. The markets are reacting to modestly lower yields, lower oil and higher stocks as the formula for a lower greenback. Less tension in the middle east is a catalyst.

In the video above, I talk about the move and put you in touch with the key levels in play technically. What is the short term bias and why, where are the targets and the risks for your trading. Be aware.

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