The dollar traded mostly higher reversing some of yesterday losses as investors eye no advance in the trade agreement between the US and China and global equity markets going thru another sideway moving eventless trading day led by some profit taking in EU and Asian markets. The Trump Kim Jung Un Summit in Vietnam failed to impress investors while troubles in home base for US President Trump seem to offset the sentiment for investors. Metals traded lower on a stronger dollar while Oil took a leap higher despite US record shell production of 12.1 Million bpd, up 20% over last year production levels. However, a lower inventories number and OPEC production cuts sent prices up to a 56.95$ per barrel close yesterday.

US GDP at 1:30 pm and US Chicago PMI at 2:45 pm are the important news on the agenda Thursday.

 

Market GBPUSD USDJPY EURJPY EURUSD GOLD OIL
27.2.19 0.4% 0.42% 0.17% -0.16% -0.53% 2.6%
USDMXN USDCHF AUDUSD AUDJPY USDCAD Silver Nat Gas
0.11% 0.14% -0.74% -0.33% -0.14% -0.98% 0.21%
Dollar Index DAX FTSE100 CAC40 EURSXX50 NIKKEI225 CSI300
0.17% -0.46% -0.61% -0.26% -0.2% -0.8% -0.25%
1 YEAR -7.63% -1.72% -1.79% -4.54% -3.1% -8.79%

 

 

Swing trades follow up 

Trade Entry price Position Open profit Date triggered Stop loss Remarks today
EURCAD 4997 0.7 -150 26/2 4970 Stopped out
NASDAQ 7100 6 -160 26/2 7071 Stopped out
NASDAQ 7050 6 -30 22/2 7071 Stopped out
GBPUSD 3280 0.7 30 27/2 3320 New position
             
OPEN PROFIT     $30