The dollar index traded sideways as most FX markets traded in very narrow ranges without the participation of US markets, idle for the 4-th of July holiday. The global markets took a breather ahead of major importance economic news down the week, NFP Friday and FOMC minutes Thursday afternoon, as well as clarification on the looming trade war between US and China and near term global implications for that. Oil traded mostly sideways ahead of the most Important inventories number tomorrow, closing above 74$ per barrel.
BOE Gov Carney speech at 11:00 am, ADP Non Farm Employment at 1:30 pm, Oil Inventories at 3:30 pm and FOMC Meeting Minutes at 7:00 pm are the important news on the agenda Thursday.
Swing trades follow up
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