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The SPX 500 sits about 8 points lower than Mondays on the S&P 500. Today we have the release USD Building Permits and Bernanke speaking at 12:45pm EST. We will most like see some volatility today so be sure to trade with proper leverage.

The USD has begun to recoup some of its losses overnight and now sits right around 10,000. The EUR/USD currently sits at 1.3187 (as of 8:00am EST) and GBP/USD has also stalled out at 1.59. If we see a selloff in equities (as many have been waiting for) we could see some upside in the USD. Wait for sentiment confirmation before getting in.

The SPX 500 sits about 3 points lower than Friday close on the S&P 500 as of 8:45am EST. There is no major economic releases today and a bank holiday for Japan (no rolls). The upward trend for equities has continued as Europe's debt crisis remains out of the headlines.

The EUR/CHF is still pegged at 1.20 where the SNB says it will not let it drop below that level. This pair had a 100 pip breakout and now sits around its consolidation level at 1.2050. By sitting so close to the peg this pair will be closely watch and could see a big move if any rumors start to hit the wires.

The SPX 500 sits about 2 points higher than yesterday close on the S&P 500 after the lower than expected Core CPI at 8:30am EST. The USD has pulled back against the major pairs.

The EUR/USD now sits at 1.3126 as of 8:55am EST. If the EUR/USD can continue its gains through 1.3155 at the 38.2% Fibonacci Retracement, the next resistance point will come in at 1.32 at the 100 day moving average. Long term bearish trend is still in play however.

The SPX 500 sits about flat from Tuesday’s close on the S&P 500. Equities have continued to rally on the US leaving interest rates unchanged. Today we have Bernanke at 10:00am, where QE3 will most likely be saved for a rainy day.

The EUR/USD remains above 1.30 still, but bearish trend should continue as the USD continues to rally across the board.

The SPX 500 is up about 9 points from Monday’s close on the S&P 500. Today’s big event will be the FOMC Statement at 2:15pm EST. How the Fed views the current job growth will determine further QE and the low interest rate policy.

If there are no hints of further stimulus, we could see a pullback in equities and the USD start to rally. We also have to consider oil prices as well. Once we approach the rounded figure of $4.00 per gallon for gas, which is when consumers start to really notice.

The SPX 500 sits about 2 points lower than Friday’s close on the S&P 500. The USD has appreciated across the board against the majors and equities have continued their bullish trend upwards. Not much on today’s agenda for economic releases. Tomorrow should start to pick up as we have an FOMC Statement at 2:15pm ET. Remember to use proper leverage as we could see some whipsaw price action.

Greece has accomplished its bond swap so far without triggering any CDS. The EUR/USD has broken below 1.32 as of 8:05am EST. We now head into NFP's and US Unemployment report where we will look for positive news. In NFP's come in with a disappointing figure, we may see a correction in the SPX 500. If NFP figures are at or above expectations we will see the markets continue its optimism.

There will be major price action right at 8:30am EST. So, it may be best to wait until the trend is set and just ride the wave.

The SPX 500 sits about 10 points lower than Mondays close on the S&P 500 as of 8:30am EST. If the SPX 500 can close below the 20-Day simple moving average (1,360) we should begin to see additional downside.

The EUR/USD has broken below the 38.2% Fibonacci Retracement (1.3158) and downside should be accelerated to 1.3086 (50 Day SMA) if equities continue to selloff.

The SPX 500 sits about 1 point lower than Fridays close on the S&P 500. We had news that China’s expected GDP was lowered to 7.5% and the next economic release will be at 10:00am EST (ISM Non-Manufacturing PMI).

The EUR/USD is off its Friday low and looks to be headed for a short term bounce up to the 0.236 Fibonacci. If it cannot break above this level we could see its long term bearish trend start to come back into play. Bearish resistance will resume at 1.3150

The SPX sits about 2 points lower than Thursdays close on the S&P 500 (as of 8:45am EST). Not much on the economic calendar today other the CAD GDP m/m (0.4% actual vs. 0.3% expected). NFP’s are scheduled for next week along with US Unemployment rate.

The EUR/USD had a pullback this morning and is now hovering just above the 1.32 area. If declines can break 1.32, we could see consolidation at 1.3160.Equities are still propped up along with commodities, so be careful if looking to short this pair, we could see buyers come in at the US open.