The dollar index traded lower from 11 month highs for the second day in a row as investors seek new ways of trading the results of the US China trade war short term implications and favor a pullback in the greenback from year highs. EU markets traded higher despite the strength in the Euro closing yesterday steep losses while commodities traded higher across the board on a weaker dollar. OIL was the big winner in the markets Friday, jumping near 6% to close above 69$ per barrel, on OPEC unclear proposed production increases, leaving investors to believe that OPEC cannot be trusted with price lowering action from its part.
There is no important news on the agenda Monday.
Swing trades follow up
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