Position Trader
The major US stock indices are closing mixed
- The Dow is leading the way to the downside. The NASDAQ index closes with a modest gain
WTI crude oil trade above $83
- Up about $2.50 on the day
EURUSD swings between swing areas. Awaits the next shove.
- Support and resistance respected to start the trading week as the market consolidates the gains from last week.
Strong open for the US stocks. S&P approaches 100 day moving average at 3900
- US stocks higher after weaker CPI
USDJPY trades higher initially, and then back lower after the US jobs report.
- Market ignores the strength. Good news is good news.
S&P index turns positive. NASDAQ index erases most of its declines. ARRK/small caps higher
- Bank of Canada rate decision an influence
US dollar moves lower. Dollar reaches new intraday lows vs. the GBP, CAD, AUD and NZD
- US stocks higher. Yields move off highs
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