July 17, 2018.
The dollar index traded mostly sideways in very narrow ranges opening the trading week on a flat note versus majors. FX and Global equity markets traded in narrow ranges on very little market participation ahead of the Trump Putin summit and with very little market moving news on the agenda the markets did not perform either way. Financial stocks led the markets in the US and EU while technology stocks traded lower from all time highs. OIL was the big loser on the day, dropping near 4% on over supply worries and a relief from the US government on Iran oil imports.
US FED Chairman Testimony at the Senate at 3:00 pm is the important news on the agenda Tuesday.
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