Forex market confused a bit.
The US yields have moved down by about 1 to 1.5 bps. The US stocks saw the Dow move from -130 to down -204 currently. The S&P is down about -20 vs -14 pre-report.
In the forex market, the dollar fell but it is rebounding off the lows
For the USDJPY, the price fell from 111.06 to a low of 110.71. We are currently at 110.93 with a high corrective point at 110.96.
The EURUSD rose to the underside of the broken trend line (yesterday break). That line stalled the rally and the price has moved lower. The price just before the release was at 1.1218. The low after reached 1.1224
The USDCAD moved to the 100 hour MA (Canada data was stronger too) but it too has seen a bounce off that technical level.
The AUDUSD was another pair that saw a move higher (lower dollar) and found sellers vs. its 100 hour MA (just like the USDCAD).
