The dollar index opened the trading week on a flat note, lower versus commodities economies and higher versus other majors. The relief in the US China trade tensions sent investors out of the safe heavens and into global equity markets yet the move had not turned into a positive wave for the markets and most investors took profits as US markets opened sharply to the upside. OIL traded higher to close above 72$ this time on Venezuela supply worries while commodities enjoyed a weaker dollar to move higher across the board.
UK Inflation report at 10:00 am is the important news on the agenda Tuesday.
Swing trades follow up
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