Daily Report January 8, 2018

DAILY FX, COMMODITIES & GLOBAL ETF’S REPORT

The dollar index traded higher after the release of the NFP numbers Friday despite the initial move lower. Investors picked the dollar at three month lows reversing the trend for the greenback and expecting further Federal reserve interest rate increases in the short term. Oil reversed from 24 month highs to close above 60$ per barrel while metals prices held steady at three month highs. All global leading markets closed higher Friday led by US markets strength and global optimism while the Canadian Employment number showed strength in the economy and pointed to a near term rate increase for CAD.

BOC Business outlook at 3:30 pm are the important news on the agenda Monday.

 

MarketGBPUSDUSDJPYEURJPYEURUSDGOLDOIL
5.1.20180.11%0.35%0.14%-0.21%-0.5%-0.85%
USDMXNUSDCHFAUDUSDAUDJPYUSDCADSilverPlatinum
-0.6%0.1%0.13%0.47%-0.62%0.11%0.45%
Dollar IndexDAXFTSE100CAC40EURSXX50NIKKEI225CSI300
0.12%1.15%0.37%1.05%1.09%0.88%0.51%
1 YEAR14.83%7.13%11.42%8.63%21.9%24.2%

                                                                                  

                                                                                          

                         Swing trades follow up –

TradeEntry pricePositionOpen profitDate triggeredStop lossRemarks today
DAX13002311803/113130SL changed
       
EURUSD20410.6-1404/12010 
GBPUSD35390.6904/13507 
AUDJPY88.030.84803/188.4SL changed
EURGBP88670.6-102/18840 
       
OPEN PROFIT  $1570