The dollar traded mostly sideways as Italy political woes tale toll on the Euro and sent the greenback to one month high. As investors flee the Euro to safe heavens, the JPY and Gold also took a leap yesterday and Gold had its best move in more than a month to close at above the 1205$ per ounce level. Global equity markets traded mostly lower on very little markets participation and with no market moving news on the agenda. EU Markets traded lower across the board and Japan closed down from 18 year highs on a stronger yen. US markets traded mostly sideways near all time highs levels.
UK Services PMI at 9:30 am, US ISM at 1:30 pm, Oil Inventories at 3:30 pm and FED Chairman Powell speech at 9 pm are the important news on the agenda Wednesday.
Swing trades follow up
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