The dollar traded mostly sideways and the release of the FOMC meeting minutes didn’t make an impact on FX markets. Most pairs traded a narrow range lackluster session looking ahead into the US China trade deal, approaching its final steps. EU and US equity markets traded in positive territory, on very narrow trading ranges and the FOMC meeting minutes managed to create only a very small period of volatility leading to no real impact on the markets. Metals traded mostly higher after yesterday rally that put Gold and Palladium at 2019 fresh highs while Oil climbed for the 10th day in a row to close above the 57$ per barrel level, for the first time in 2019 on OPEC proposed production cuts and a higher than expected inventories level.
US Durable goods orders at 1:30 pm is the important news on the agenda Thursday.
Swing trades follow up
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