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The US dollar fell during trading on Monday as we go back to work from the weekend.
The WTI Crude Oil market initially pulled back during trading on Monday, but enough buying pressure came back into the marketplace to turn things around and reach above the 200 day EMA.
The US dollar went back and forth during the trading session on Monday, as we continue to dance around the ¥110 level.
The S&P 500 fell significantly during the trading session on Monday initially, but then turned around to form a very bullish close for the day.
Gold markets have rallied again during the trading session on Monday, reaching towards the $1325 level.
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The Euro initially tried to rally on Friday but then collapsed as German economic numbers disappointed.
The US dollar rallied significantly against most currencies around the world on Friday as there was a huge “risk off” attitude around the markets.