February 28, 2018.

The dollar index traded sharply higher following comments from FED member Powell predicting more than three rate hikes to combat rising inflation in 2018. The testimony took the markets by surprise and most global markets followed the US weakness to trade lower across the board. Metals lost on average more than 1.2% as the dollar strengthened and commodities fell as well as OIL which will be in focus today on the inventories number.

US prelim GDP at 1:30 pm and OIL Inventories at 3:30 pm are the important news on the agenda Wednesday.

MarketGBPUSDUSDJPYEURJPYEURUSDGOLDOIL
27.2.2018-0.44%0.41%-0.3%-0.71%-1.1%-1.6%
USDMXNUSDCHFAUDUSDAUDJPYUSDCADSilverPlatinum
0.87%0.12%-0.88% -0.45%0.67%-1.16%-1.7%
Dollar IndexDAXFTSE100CAC40EURSXX50NIKKEI225CSI300
0.65%-0.29%-0.1%-0.01%-0.15%-1.44%-0.6%
1 YEAR5.55%0.26%9.99%4.17%15.43%16.85%

                                                                                                      

                        

Swing trades follow up 

TradeEntry pricePositionOpen profitDate triggeredStop lossRemarks today
DAX125603-32023/212400 
NASDAQ67375115022/26950Stopped out
GBPUSD39720.7-15026/23950Stopped out
NZDUSD72770.726027/27300New position
       
OPEN PROFIT  $-60