Morning Call by Traders University

On Friday the FTSE 100 closed up just 2 points at 4,236 gaining support from 4,220. Wall Street was closed on Friday because of the Independence Day celebrations. The DAX in Germany closed down 10 points at 4,708. Forex news: Last week ended with dollar strong across the board and especially the euro, as the pair fell below important 1.40, amid renewed worries about the state of global economy and the so called recovery. Today, USD high news at 3pm with ISM Non-Manufacturing PMI and NZD business confidence. High news at 11pm.