No major news coming out during our London session, no Holidays to worry about, and traders in Europe already have one day to get back into the groove after a long holiday weekend. I expect the day to be full of volatility. No variations to our system rules so here goes.
We will keep our eye on two major U.S. news reports coming out at 8:30am and 10:00am EST today. The Core Durable Goods and New Home Sales reports should give the dollar some definitive direction for the next while.