Professional system trader Art Collins shares his daily biases in the index, bonds and currency futures markets for July 5.

The US dollar has recovered from Monday’s sharp losses thanks to profit taking and position squaring ahead of the Independence Day holiday.

While European markets are typically keen to tune into the release of Euro-zone retail sales, this Wednesday presents unique conditions for forex traders.

Todd Gordon is still bearish on the USD/JPY currency pair while below 122.53 for a move into 121.65.

Terri Belkas takes a look at what central banks are saying about rates this week.

The US dollar continued lower for the fifth consecutive trading day, but a late wave of profit-taking lifted the Greenback through mid-day New York price action.

Currency technical analyst Jamie Saettele analyzes the Japanese yen against the Canadian dollar, Swiss franc, and New Zealand dollar.

The wave structure of the EUR/USD currency pair continues to favor the upside.

The pound hit 26-year highs in overnight trade but stopped just short of the 2.0200 level as speculation continued to mount that BoE will raise rates to 5.75% at the upcoming MPC meeting on Thursday.

Professional system trader Art Collins shares his daily biases in the index, bonds and currency futures markets for July 3.