The dollar traded another day near the flat line closing the trading week eyeing the upcoming US China trade agreement. Investors liked the delay in the March 1 proposed tariffs on china goods by US president Trump sending global futures higher over the weekend and reversing trend for the embattled Chinese CSI300 index, that is now back more than 20% from 2018 lows, therefore in bull markets territory. FX markets had no reaction to the news while EU and US markets are expected a higher open today. Metals traded mostly sideways Friday yet managed a very green week tanks to JPM pro Gold recommendation while Oil closed the week higher at 75.04$ per barrel on markets optimism and at fresh 2019 highs.
BOE Gov Carney speech at 10:00 am is the important news on the agenda Monday.
Swing trades follow up
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