The dollar is finding some selling pressure ahead of the Wall Street open, and now that the London gold and oil fixings are done, and the Chicago futures markets have balanced out and gone through their 6-7am reversal, we may see a test of 101.00 on the yen, and 0.7250 on aussie get picked up.

Knowing the times to trade forex is critical for picking up momentum plays said TheLFB-Forex,com Traders. The German Dax futures move, and then the London fixing on oil and gold prices really do generate as much momentum as most forex traders would need. Once the Chicago futures move is in place from 6-7am EDT the markets are free to get forex pairs moving.