The dollar index mostly sideways Tuesday on very little FX markets news as most FX markets traded sideways without any leadership. After two weeks of rallying global equity markets move higher came to a halt yesterday on profit taking in global equity markets and some disappointment from the lack of clarity on the progress on the US China trade talks as well as fear of a global economy slowdown. US markets lost near 2% on the move while EU markets are expected to catch up on the move lower this morning. Metals traded mostly higher on markets pullback and OIL traded lower on fears of a global slowdown to close at 53.01$ per barrel. US earnings reports and the US China trade agreement are expected to dominate the agenda today.
CAD Retail Sales at 1:30 pm is the important news on the agenda Wednesday.
Market | GBPUSD | USDJPY | EURJPY | EURUSD | GOLD | OIL |
22.1.19 | 0.41% | -0.21% | -0.25% | -0.12% | 0.45% | -0.6% |
USDMXN | USDCHF | AUDUSD | AUDJPY | USDCAD | SILVER | NAT GAS |
0.02% | -0.07% | -0.34% | -0.35% | 0.45% | 0.32% | –% |
Dollar Index | DAX | FTSE100 | CAC40 | EURSXX50 | NIKKEI | CSI300 |
0.09% | -0.41% | -0.99% | -0.42% | -0.39% | -0.14% | -0.1% |
1 YEAR | -17.63% | -10.55% | -12.42% | -15.24% | -14.63% | -28.24% |
Swing trades follow up
Trade | Entry price | Position | Open profit | Date triggered | Stop loss | Remarks today |
GOLD | 1280 | 50 | 230 | 21/1 | 1276 | New position |
DAX | 11017 | 3 | -25 | 21/1 | 11088 | New position |
NASDAQ | 6654 | 8 | 490 | 17/1 | 6711 | Stopped out |
OPEN PROFIT | $205 |