The dollar opened the trading week higher across the board versus FX markets as investors move into the greenback following the better than expected job report Friday and some move away from safety, to close at 4 week highs versus the JPY. Most FX markets traded a lackluster session on very little market moving news. Global equity markets traded mostly sideways in Asia and the EU and higher in the US led by strength in the technology sector. Metals traded lower on a stronger dollar while Oil traded lower near a percent on profit taking to close at 54.81$ per barrel after trading a rollercoaster session, first reaching three month highs then reversing more than 2$ intraday.
US ISM Non Manufacturing PMI at 3 pm is the important news on the agenda Tuesday.
Swing trades follow up
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