The dollar traded lower from two month highs as investors took some profits of the table and investors estimates that following markets volatility and pullback the Fed will take a breather from future rate increases to stabilize the markets. The JPY traded higher across the board on a move to safety and metals joined the move as investors flee EU markets on another leg down for the EURSXX50, now down 14% over the last 12 months. Global equity markets are now in correction territory as the markets best performing index in 2018 the NASDAQ joined with a 10% pullback from all time highs just 6 weeks ago. Oil traded mostly sideways to close at 67.57$ per barrel, down 12% from year highs, 76.89$ level reached just 4 week ago..
There is no important news on the agenda Monday.
Swing trades follow up
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