EUR/USD is on track to test the December 2002 low (0.9859) as the exchange rate fails to defend the July low (0.9952).

US Indices grinded at support after discouraging data highlights recession fears and questions persist around the pace of the next FOMC moves.

Fed policymakers have been pushing back against the notion that the rate hike cycle is finished.

Dow Jones (DJI) price action finds support while the Dax 40 manages to limit the downward move. FTSE 100 downtrend gains traction as sentiment turns bearish.

US economic data comes in well below expectations which sees the Dollar retreat slightly from recent highs.

‘Supply cut’ remarks from the Saudi Energy Minister helped create a low for WTI. Oil prices are likely to remain supported ahead of inventory data today and tomorrow

The US dollar rally has hit the pause button after seven days of hefty gains that powered the greenback to levels last seen 20 years ago.

GBP/USD found some much needed support after UK PMI services figures propelled cable from its yearly lows.