The dollar traded sharply lower following the FOMC statement that pointed to a soft rate policy for 2019 and no timetable for future rate increases in any. The dollar was weak across the board losing over a percent versus the CAD and AUD. US equity markets responded with a sharp upside move that is likely to carry into Asian markets and EU markets trading sessions this morning. Metals traded sharply higher on a weaker dollar and the soft rate outlook, Gold closed yesterday at 1319$ per barrel, a 10 month high. Oil managed another positive day trading higher on markets optimism, the Venezuela oil industry US sanctions and a lower than expected US stockpiles to close at 54.25$ per barrel, up near 2% on the day.
CAD GDP at 1:30 pm is the important news on the agenda Thursday.
| Market | GBPUSD | USDJPY | EURJPY | EURUSD | GOLD | OIL |
| 30.1.19 | 0.38% | -0.43% | 0.11% | 0.54% | 0.98% | 1.86% |
| USDMXN | USDCHF | AUDUSD | AUDJPY | USDCAD | SILVER | NAT GAS |
| 0.37% | -0.03% | 1.55% | 1.14% | -1% | 1.24% | -1.52% |
| Dollar Index | DAX | FTSE100 | CAC40 | EURSXX50 | NIKKEI | CSI300 |
| -0.59% | -0.33% | 1.56% | 0.95% | 0.26% | 1.06% | 1.05% |
| 1 YEAR | -15.28% | -7.86% | -9.25% | -12.4% | -10.06% | -25.12% |
Swing trades follow up
| Trade | Entry price | Position | Open profit | Date triggered | Stop loss | Remarks today |
| GOLD | 1280 | 50 | 2050 | 21/1 | 1315 | SL changed |
| NASDAQ | 6679 | 6 | 1150 | 30/1 | 6679 | New position |
| EURJPY | 125.1 | 0.7 | -10 | 29/1 | 124.7 | |
| USDCAD | 3238 | 0.7 | 560 | 30/1 | 3238 | New position |
| OPEN PROFIT | $4180 |