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Dollar rally on pause as oil bounce helps equities

From hantecfx.com

The recent recovery on the US dollar seems to be on pause for now as traders begin to look towards tomorrow’s Non-farm Payrolls report. The key levels that were broken during the dollar sell-off are being tested again in the dollar recovery, but traders will be questioning whether this is the extent of the rebound already. Wall Street closed mildly lower again yesterday as it followed European markets lower, whilst Asian markets have been also mildly weaker overnight after the Caixin China services PMI missed expectations. European markets have though found some support in the early moves today, helped by the bounce ... (full story)

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