October 9, 2018. The dollar traded mostly higher as investors flee to the JPY on another round of woes for the markets as Italian budget on one hand and the ongoing US China trade disputes hover on the markets. EU markets traded sharply lower and US markets traded in negative territory before reversing to close in the green by day end. The only place to flee for investors was the JPY as metals soled of sharply on a stronger dollar and global equity markets looking vulnerable ahead of the beginning of earnings season this week. OIL traded in narrow ranges awaiting the inventories number tomorrow.
There is no important news on the agenda Tuesday.
Swing trades follow up
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