The dollar index traded sharply higher versus majors as investors taste reverse after another setback in the German coalition and global trade worries. With metals off the table as safe heavens the dollar is the place to go for investors and global markets poor performance yesterday sent equity markets lower and the dollar higher. The beginning of the third quarter did not signal a new or positive sign for global markets as the markets await the upcoming earnings season and more from companies on the upcoming implications of the looming trade war. Oil was mostly sideways as Libya supply issues prevent any pullback in prices.
UK Construction PMI at 9:30 am is the important news on the agenda Tuesday.
Swing trades follow up
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