Forex Blog by Greg Secker

The DOW had a quiet trading session yesterday as it consolidates around the trend line before the next big move, ending the session down 44 points. The S&P closed flat and the NASDAQ closed up 6 points. The FTSE, writes Greg, 100 gapped higher at the open but following the higher than expected CPI numbers turned to fall some 120 points where it bounced to close the session down 8 points. Futures – DOW is called down 20 points, FTSE is called down 5 points. Oil is trading at $125.77 a barrel and gold at $867.70.