The dollar traded mostly sideways as investors await news on the upcoming trade agreements with China, Canada and now Japan is in the mix too. Global equity markets traded lower from the third day in a row this week, sending emerging markets into bear market territory while EU markets traded yesterday at six month lows on investors fearing global markets letdown. Oil gasoline inventories came higher than expected and an EIA report showed weaker than expected fuel demand, sending crude prices sharply lower. Metals traded mostly sideways and Gold managed an above 1200$ per ounce close.

US NFP Employment change and CAD Employment change at 1:30 pm are the important news on the agenda Friday.

 

Market GBPUSD USDJPY EURJPY EURUSD GOLD OIL
6.9.18 0.18% -0.56% -0.62% -0.06% 0.28% -1.14%
USDMXN USDCHF AUDUSD AUDJPY USDCAD Silver Platinum
-0.5% -0.61% 0.08% -0.49% -0.26% -0.18% 0.83%
Dollar Index DAX FTSE100 CAC40 EURSXX50 NIKKEI225 CSI300
-0.23% -0.71% -0.87%  -0.31% -0.59% -1.03%
1 YEAR -2.78% -0.48% 2.53% -4.4% 14.75% -14.92%

 

 

Swing trades follow up  

Trade Entry price Position Open profit Date triggered Stop loss Remarks today
USDCAD 3035 0.7 515 31/8 3133 Stopped out
OIL 68.38 3 180 6/9 68.21 New position
OIL 69.38 6 970 5/9 68.21 SL changed
USDNOK 3999 0.6 120 4/9 3514  
             
OPEN PROFIT     $1270      

 

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