In the absence of fresh economic news, markets are like steering a boat without a rudder.
This leads to looking for correlations to steer the boat. In this regard, early USD strength seemed to correlate with weaker stocks, which have since recovered and the USD has backed off its day highs.
Note, correlations work until they stop working so keep an eye on Stocks to see if the pattern continues (or not).
As for U5500, trading with a bid (while above 5700) but consolidating unless 5758-73 are taken out.
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