The dollar traded higher closing the shortened trading week on a positive note. The dollar closed higher across the board on positive sentiment towards safe heavens and a rush from the sterling as FX markets express concerns on global growth and bid on the dollar and JPY. EU markets traded Friday in very narrow ranges and light volumes after the US Thanksgiving holiday awaiting the US markets leadership and direction. Metals traded sharply lower on a stronger dollar and OIL took another plunge to close at record 2018 lows on supply worries and a slowdown in growth bringing down prices to a 50.6$ per barrel close, now at 14 month lows.
ECB President Draghi speech at 3:00 pm is the important news on the agenda Monday.
Swing trades follow up
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