The SPX 500 sits about 3 points lower than Tuesday’s close on the S&P 500 (as of 8:00am EST). With no major economic releases this morning, markets could remain choppy as we await Unemployment claims on Thursday and NFP’s on Friday.
The USD remains supported above the 0.618 Fib. Retracement near the 9,912 area. If we see a selloff in equities be sure to watch the commodity based pairs such as the AUD/USD and NZD/USD which could take a move downward.