US stocks reverse opening losses in early trading as Dollar weakens

The US stock markets have just reopened and was a lower start to the session for the major indexes at the same time as the dollar came back under pressure. The USD/JPY has failed to hold yet another rebound above 149 and now fallen back underneath 148.70. The EUR/USD has just lifted above 1.0530 and this dollar pressure has come as US yields fall back, not that they had lifted much to start with. The Dow Jones is just now bouncing back from earlier lows towards 33,050. It is currently just now rising back above 33,125. However, the caveat here is to remember the price action is still very much up and down and at this early stage by no means conclusive at all