A mixed night in the U.S and weakness in the U.S dollar may now start to have the markets second guessing the strength of more upside as volatility picked up overnight. The Dow turned an initial gain of 180+ points in to a loss of appximately 100 points before finishing the sesion higher by 41 points. The Nasdaq was the hardest hit after Texas Instruments (TXN) fell more than 8 percent for the session putting pressure on the technology space and in particular the semiconductor sector. The USD continued to see more downside pressure hitting a low below 89.00 in the front futures contract. The losses for the U.S. Dollar were widespread as the Euro traded above 1.2400, the Yen traded under 109.00, the pound traded above 1.4250 and the AUD hit 0.8075 overnight. Gold broke out of recent ranges trading as high as USD $1362.00 per ounce and bitcoin has recovered to be trading at USD $11350 this morning. On the local market early weakness sees the ASX200 trading lower by 22.80 points or 0.38 percent at 6031.90. The big four banks again continue to trade mainly lower, strong commodity prices overnight have helped BHP +0.55%, RIO +0.08% and FMG +0.50 percent . Other notable movers on the local market this morning include CAT +3.41 percent adding to strong gains from yesterday (chart attached), WSA +5.64%, WHC +3.40 percent and RSG +3.33 percent.