March 8, 2018.
The dollar traded mostly sideways as the markets contained the tariffs crisis and the resignation of White House economic canceller Gary Cohn. Most FX markets traded in narrow ranges ahead of the ECB press conference today while commodities fell sharply erasing all yesterday gains. OIL took a two percent drop on the inventories number that have showed a rise in inventories and record US crude production numbers. Most global markets traded in positive territory after the US markets reversed all yesterday futures losses to close in the green.
The ECB Press Conference at 1:30 pm is the important news on the agenda Thursday.
Market | GBPUSD | USDJPY | EURJPY | EURUSD | GOLD | OIL |
7.3.2018 | 0.03% | -0.1% | -0.07% | 0.01% | -0.7% | -2.1% |
USDMXN | USDCHF | AUDUSD | AUDJPY | USDCAD | Silver | Platinum |
0.2% | 0.36% | -0.24% | -0.31% | 0.65% | -1.81% | -1.77% |
Dollar Index | DAX | FTSE100 | CAC40 | EURSXX50 | NIKKEI225 | CSI300 |
-0.02% | 1.09% | 0.16% | 0.34% | 0.58% | 0.54% | 1.31% |
1 YEAR | 2.32% | -2.41% | 4.58% | -0.36% | 10.98% | 17.96% |
Swing trades follow up
Trade | Entry price | Position | Open profit | Date triggered | Stop loss | Remarks today |
EURUSD | 6770 | 0.7 | -130 | 7/3 | 6686 | New position |
EURAUD | 5921 | 0.7 | -120 | 7/3 | 5900 | Stopped out |
DAX | 12264 | 3 | -10 | 7/3 | 12150 | New position |
NASDAQ | 6931 | 6 | 60 | 7/3 | 6900 | New position |
GBPUSD | 3820 | 0.7 | 250 | 5/3 | 3790 | Stopped out |
EURCAD | 6002 | 0.6 | 80 | 7/3 | 6010 | New position |
OPEN PROFIT | $20 |