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.
| Market | GBPUSD | USDJPY | EURJPY | EURUSD | GOLD | OIL |
| 5.1.2018 | 0.11% | 0.35% | 0.14% | -0.21% | -0.5% | -0.85% |
| USDMXN | USDCHF | AUDUSD | AUDJPY | USDCAD | Silver | Platinum |
| -0.6% | 0.1% | 0.13% | 0.47% | -0.62% | 0.11% | 0.45% |
| Dollar Index | DAX | FTSE100 | CAC40 | EURSXX50 | NIKKEI225 | CSI300 |
| 0.12% | 1.15% | 0.37% | 1.05% | 1.09% | 0.88% | 0.51% |
| 1 YEAR | 14.83% | 7.13% | 11.42% | 8.63% | 21.9% | 24.2% |
Swing trades follow up –
| Trade | Entry price | Position | Open profit | Date triggered | Stop loss | Remarks today |
| DAX | 13002 | 3 | 1180 | 3/1 | 13130 | SL changed |
| EURUSD | 2041 | 0.6 | -140 | 4/1 | 2010 | |
| GBPUSD | 3539 | 0.6 | 90 | 4/1 | 3507 | |
| AUDJPY | 88.03 | 0.8 | 480 | 3/1 | 88.4 | SL changed |
| EURGBP | 8867 | 0.6 | -10 | 2/1 | 8840 | |
| OPEN PROFIT | $1570 | |||||