Market Commentary Dollar Index (DX) falls unable to trade beyond 76.50; profit taking was witnessed in the U.S Dollar across the board after the Dollar Index hit major resistance zone on 76.20-76.50 ranges to currently trade at 75.28. Benchmark equity index of the Dow Jones Industrials (DJIA) is trending sideways with major support at 12200 and 12800; historic correlation between DX and DJIA suggests sideways trend in Dollar Index with bearish sentiment; only daily close above 76.50 (DXM11) would result in short-term bottom being posted. NYMEX Crude June basis after finding support at $95.00 ranges, is again trading at $97.84; only weekly close above $104.50 would establish major rally else the trend the trend may become sideways between $104.50 and $95.00. FX Pair Support 2 Support 1 Resistance 1 Resistance 2 EURUSD 1.4180 1.4200 1.4410 1.4520 USDJPY 80.60 80.90 82.10 83.00 GBPUSD 1.6200 1.6230 1.6350 1.6430 USDCHF 0.8700 0.8765 0.8866 0.8900 EURJPY 114.50 115.00 116.55 117.80 AUDUSD 1.0500 1.0610 1.0753 1.0840 Economic Data Release. Date ET Release For Actual Previous Revised From 16-May 8:30 Empire Manufacturing May 11.9 21.7 16-May 9:00 Net Long-Term TIC Flows Mar $24.0B $27.2B $26.9B 16-May 10:00 NAHB Housing Market Index May 16 16 17-May 8:30 Building Permits Apr 523K 549K 17-May 8:30 Housing Starts Apr 551K 594K 17-May 9:15 Capacity Utilization Apr 0.0% 0.7% 0.8% 17-May 9:15 Industrial Production Apr 76.9% 77.0% 77.4% 18-May 7:00 MBA Mortgage Purchase Index 14-May 0.082 18-May 10:30 Crude Inventories 14-May 3.781M 18-May 14:00 FOMC Minutes May 19-May 8:30 Continuing Claims 14-May 434K 19-May 8:30 Initial Claims 14-May 3756K 19-May 10:00 Existing Home Sales Apr 5.10M 19-May 10:00 Leading Indicators Apr 18.5 19-May 10:00 Philadelphia Fed May 0.004

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