The dollar is having greater impact on the commodities and equities markets than the other way around today. The greenback has been under pressure for much of the US session but oil has only turned significantly to the topside (+$1.14 to $68.66)in the last hour or so. Equities have been narrowly mixed and trade mildly to the topside at the moment.
EUR/USD is trading a bout 25 pips below its highs in the low 1.4080s.
