The dollar traded sharply higher versus majors, resuming the uptrend following yesterday move lower on a stronger CPI number and positive news on the ongoing US China trade deal. The Euro headed back lower towards year lows while safe heavens sold off versus the US dollar. EU and US equity markets traded mostly higher on very little market moving news and closed positive across the board in the EU. Commodities markets traded lower on the stronger dollar and Gold closed yesterday at 1307$ per barrel, down 10$ per ounce this week alone. Oil traded higher despite a stronger than expected inventories number on markets optimism towards a deal in the US China trade talks to close at 54.34$ per barrel.
US Retail Sales & PPI at 1:30 pm are the important news on the agenda Thursday.
Market | GBPUSD | USDJPY | EURJPY | EURUSD | GOLD | OIL |
13.2.18 | -0.31% | 0.45% | -0.21% | -0.52% | -0.38% | 1.71% |
USDMXN | USDCHF | AUDUSD | AUDJPY | USDCAD | Silver | Nat Gas |
0.78% | 0.28% | -0.04% | 0.25% | 0.14% | -0.89% | -3.72% |
Dollar Index | DAX | FTSE100 | CAC40 | EURSXX50 | NIKKEI225 | CSI300 |
0.45% | 0.37% | 0.81% | 0.35% | 0.36% | -0.02% | 0.53% |
1 YEAR | -9.5% | -0.32% | -1.76% | -4.97% | -0.07% | -13.91% |
Swing trades follow up
Trade | Entry price | Position | Open profit | Date triggered | Stop loss | Remarks today |
OIL | 54.25 | 5 | 320 | 13/2 | 53.5 | New position |
OIL | 54.02 | 5 | 420 | 13/2 | 53.5 | New position |
NASDAQ | 6950 | 6 | 340 | 11/2 | 7000 | Stopped out |
OPEN PROFIT | $760 |