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.

 

MarketGBPUSDUSDJPYEURJPYEURUSDGOLDOIL
13.2.18-0.31%0.45%-0.21%-0.52%-0.38%1.71%
USDMXNUSDCHFAUDUSDAUDJPYUSDCADSilverNat Gas
0.78%0.28%-0.04%0.25%0.14%-0.89%-3.72%
Dollar IndexDAXFTSE100CAC40EURSXX50NIKKEI225CSI300
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

TradeEntry pricePositionOpen profitDate triggeredStop lossRemarks today
OIL54.25532013/253.5New position
OIL54.02542013/253.5New position
NASDAQ6950634011/27000Stopped out
OPEN PROFIT  $760