The S&P has opened up 4 points to 1944 as the unstoppable machine continues. The Dow is up 48 at 16884 while the Nasdaq open 10 in the green at 4306.
The dollar is back on the climb as US yields pick themselves up of the floor with 10 years now at 2.57% and up from the 2.53% NFP release low.
US 10 year yields 06 06 2014
USD/JPY is having another look at 102.50 and it’s taking some wind out of the sails of cable and the euro.
GBP/USD is under 1.6800 to a low of 1.6792 and mild resistance at 1.6790 is probably all that is standing in the way of a move down to 1.6750
EUR/USD has lost 38 pips from the highs and trades at 1.3638. 1.3620 is the closest level of support to watch.
