The trading pits have closed for the day but WTI futures are still trading electronically and they are trading lower late in the day. Crude is down $2.30 on the day, now at $107.50.
Earlier today, the White House welcomed a plan for Transcanada to build the southern portion of the Keystone XL pipeline while saying it will review the northern portion,which the Green lobby vociferously opposes. A bit of a climb-down, for the White House amid high and rising gas prices.
EUR/USD continues to stall below resistance in the 1.3415/20 area.