The dollar traded mostly sideways opening the trading week on a flat note as US markets celebrate the presidents Day weekend, leading to low volume FX markets trading and very little overall price action. Most FX markets traded sideways awaiting more on the US China trade talks and the upcoming FED Minutes tomorrow. EU equity markets traded near the flat line, as expected, as investors look to the opening of the US markets today in the afternoon following the long weekend in the US. OIL traded higher to close at fresh 2019 highs 56.42$ per barrel while metals traded higher on a softer dollar closing at fresh 2019 year highs of 1326.5$ per ounce.
UK Earnings Index at 10:30 am is the important news on the agenda Tuesday.
Swing trades follow up
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