Jul 192016
The US dollar is stronger across the board overnight, putting pressure the ES and on oil which is now under $45. Although there’s continued monetary policy easing chatter, no specific news drove the fairly quiet Globex session. For today’s US session, we have housing data; Building Permits and Starts @ 8:30am EST. Volatility has been shrinking over the last few days. The markets are waiting for a reason to move. Size sold much of yesterday and continues with a short bias on light volume into the 8:30am EST numbers.
Sorry, the comment form is closed at this time.