The S&P 500 gapped lower to kick off trading on Thursday, as we have seen a very negative reaction to Tim Cook of Apple suggesting that most of the iPhone disappointment in sales comes from a weaker than expected Chinese market.
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The US dollar has fallen slightly against the Mexican peso during the trading session on Thursday, as we continue to hover just above the 19.50 pesos level.
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The WTI Crude Oil market initially pulled back a bit during the trading session on Thursday but did show some signs of life.
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Gold prices rose $8.21 an ounce on Thursday, as the dollar weakened and investors sought safety from volatile stock markets.
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Get the USD/JPY Forex signal for January 3, 2019 here.
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Get the USD/CHF Forex signal for January 3, 2019 here.
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The Euro initially tried to rally during the trading session on Wednesday, reaching to the 1.15 level before turning over and rolling rather significantly to the downside.
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Bitcoin gapped higher to kick off the session on Wednesday which of course is very bullish but gave back quite a bit of the gains as the 20 day EMA is in the same neighborhood.
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The US dollar has broken down rather significantly during the trading session on Wednesday as traders came back to open up the 2019 year.
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