US Dollar longs getting nervous.

Dec 5

Intraday Update: The DXY is flirting with the rising trend line once again. Today we have weekly unemployment claims, and tomorrow is NFP. Likely we are waiting for NFP, however, EUR shorts (being short of EUR's the list is too long to put here as you know) may be getting a little twitchy as we hold above 1.0500. A move lower could start early in the USD index if the UC tick higher later today.