The dollar index traded higher ahead of G7 weekend meetings and ahead of the US North Korea summit planed for tomorrow. Most FX markets traded in narrow ranges while emerging markets currencies traded sharply higher versus the dollar reversing yesterday losses. Global equity markets traded in narrow ranges awaiting G7 trade resolutions while investors assess the impact of the G7 meetings on global trade agreements and potential treat to global markets stability. Metals and Oil traded mainly sideways with very little momentum and no news on the agenda.
UK Manufacturing production at 9:30 am is the important news on the agenda Monday.
Market | GBPUSD | USDJPY | EURJPY | EURUSD | GOLD | OIL |
8.6.2018 | -0.1% | -0.21% | -0.45% | -0.25% | -0.02% | -0.41% |
USDMXN | USDCHF | AUDUSD | AUDJPY | USDCAD | Silver | Platinum |
-1.04% | 0.5% | -0.38% | -0.6% | -0.33% | -0.12% | 0.74% |
Dollar Index | DAX | FTSE100 | CAC40 | EURSXX50 | NIKKEI225 | CSI300 |
0.2% | -0.35% | -0.3% | 0.03% | -0.36% | 0.6% | -0.23% |
1 YEAR | -0.38% | 2.04% | 2.84% | -3.78% | 14.06% | 5.45% |
Swing trades follow up
Trade | Entry price | Position | Open profit | Date triggered | Stop loss | Remarks today |
NASDAQ | 7170 | 6 | 70 | 11/6 | 7140 | New position |
EURUSD | 1795 | 0.7 | -20 | 11/6 | 1760 | New position |
GBPUSD | 3424 | 0.7 | -172 | 8/6 | 3400 | Stopped out |
EURJPY | 129.42 | 0.7 | -150 | 8/6 | 129.2 | Stopped out |
OPEN PROFIT | $50 |