The US stocks have erased their declines. The S&P is up 5.02 points or 0.08%. The NASDAQ index is up 21.51 points or 0.10%.
Crude oil is now lower with the May contract down -$0.12 or -0.12% at $112.40.
The bond yields are also in negative territory with the 10 year down-2.2 basis points in the two-year down -3.5 basis points.
The USD is lower.
In the video above, I take a look at the moves in the major currencies adverse at the US dollar.
- What has the moves to the downside done from a technical perspective?
- Where are the next targets?
- What are the new risk defining levels now?
I go through it all for the EURUSD, GBPUSD, USDJPY, USDCHF, USDCAD, AUDUSD and NZDUSD.
