They were in recovery mode before the improved ISM data but they’ve gotten a clear boost from that data, helping whet risk appetites a bit.
Oil is down less than a buck, now at $99.53 from $98.12 lows. The S&P futures have bounced 6 tics from early lows, and are now at 1300.00.
USD/JPY and USD/CHF have gotten a boost and EUR crosses are rising with risk appetites as well. Watch 1.4568, the 61.8% retracement of the 1.4940/1.3970 drop….