The dollar closed the trading week on a flat note after most FX markets traded a lackluster session on very little market moving news. The strong US Job Report was a pro dollar factor near term yet did nothing in terms of greenback strength versus majors but confirmed the path of US economy and supported the January markets rally, the best move at year open in 30 years. Global equity markets traded mostly in positive territory with EU markets closing marginally green and US markets trading a mixed narrow range trading day. Metals pulled back from last week rally on a stronger dollar and profit taking while OIL trade higher on markets optimism to close at 7 week highs 55.26$ per barrel.
There is no important news on the agenda Monday.
Swing trades follow up
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