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EUR/USD: Any breaks above 1.10 will prove unsustainable – ING

EUR/USD should remain almost solely a function of USD moves and Fed rate expectations, economists at ING report.

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Dow and Dax Fail to Extend Wednesday’s Bounce, but Nasdaq 100 Holds above Support

The Dow and Dax saw a rally off their lows yesterday, but so far have not been able to continue this move, but the Nasdaq 100 has held support for a second time in a week

Forex

United States Michigan Consumer Sentiment Index registered at 79 above expectations (78.9) in January

United States Michigan Consumer Sentiment Index registered at 79 above expectations (78.9) in January

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