US Stock market will open at the same levels as the yesterday's close

The American indices is expected to open at the same levels as the previous day. The futures of the US indices were trading lower during the night but went up again before the US open.

The US dollar continued to be very strong and it did go up considerably over night, during the Asian and European sessions, after the speech from Janet Yellen, said that the time to adjust rates in drawing closer. The two pairs that felt mostly the strength of the dollar were EUR/USD and USD/JPY.

The price of Oil started to go up again during the European trading with gain of 0.60%, but Iraq is still the country that have not signed the agreement from OPEC. There is still no agreement within the countries, but the volatility continuous.  The higher price of Oil did help the indices.

The JPY continued to be the weaker currency and this was achieved by several speeches from the Central Bank and this is good for the Japanese economy and firms that produce for export.

After the speech from Mario Draghi, the Euro was supported. He said that the economy is recovering slowly. We are expecting speeches from FED Dudley and George at opening time of the Stock exchange.