FX & CFD trading involves significant risk
Sellers are still in control. So far there hasn't been any sign that participants want to buy the pullback.
The greenback continues to gain ground against a collection of competing currencies. It is now up 0.8%, which puts it in close reach of the two-week high that it set this past Monday.
Monthly wholesale inventory data were just released, but no real reaction has been made to the report. Overall inventories for December increased 1.0%, which is a sharp increase from the flat figure that was reported for the prior month.
Declining Sectors: Tech (-1.1%), Consumer Staples (-0.7%), Financial (-0.4%), Telecom (-0.4%), Industrials (-0.4%), Energy -(0.3%), Consumer Discretionary (-0.3%), Health Care (-0.3%), Materials (-0.2%), Utilities (-0.1%)
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