The dollar index traded mostly sideways Friday making a move higher versus the JPY and lower versus the AUD and CAD as investors turn cold on safe heavens following an array of positive news starting with US China trade talks in the morning , then a better than expected US job report and capped by FED Chair Powell dovish remarks on future rate increases in 2019. The combo sent EU and US markets to a 3% rally led by technology stocks that closed at the highs of the day and may led to another leap up in global markets that traded in bear market territory last week. Metals traded lower on investors lookout for risk and Oil traded higher yet is still trading below the 50$ per barrel resistance level.
US ISM at 1:30 pm is the important news on the agenda Monday.
Swing trades follow up
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