Today's Forex Market Outlook

Heavy selling from the stock markets yesterday in the states giving the strength back to the dollar, giving some back this morning through the Asian trading. Stocks up this morning in Europe, seeing good data from the UK reference retail and consumer price indexes along with the German investor confidence figures jumping to a 3 year high. We will get the measure of the US stocks positions from their data later on today. Oil up, heading towards the $72 per barre.