The dollar traded lower versus majors after US President Trump declaration that he will continue to criticize the FED if it to continue with its policy to increase interest rates. The dollar was however higher versus emerging markets after another leg in the Turkish lira crisis and a downgrade for the Turkish economy. Global equity markets traded higher across the board ahead of the US China trade talks this week and US markets are now only one percent from all time highs levels. Metals traded higher on a softer dollar and Oil was higher on expectations of a tighter supply market going into Labor day weekend.

There is no important news on the agenda Tuesday.

 

MarketGBPUSDUSDJPYEURJPYEURUSDGOLDOIL
20.8.180.25%-0.24%-0.02%0.28%1.07% 0.76%
USDMXNUSDCHFAUDUSDAUDJPYUSDCADSilverPlatinum
0.65%-0.36%0.25%0.06%-0.05%0.78%2.25%
Dollar IndexDAXFTSE100CAC40EURSXX50NIKKEI225CSI300
-0.21%0.99% 0.43%0.65%0.61%0.19%1.73%
1 YEAR2.2% 3.72%5.74%-0.87%14.72%-12.66%

 

 

 

Swing trades follow up  

TradeEntry pricePositionOpen profitDate triggeredStop lossRemarks today
GOLD11903018020/81183New position
USDMXN93830.52020/88882New position
USDCAD30600.7-6720/81618Stopped out
GBPUSD27210.783017/82690
     
OPEN PROFIT  $1030