The dollar index traded higher as investor appetite for riskier currencies subside following global trade fears and a move to cash following the selloff in global equity markets that did not result in money pouring into safe heavens. Global equity markets traded in narrow ranges following yesterday selloff day with very little market participation and basically zero trend in the markets. Chinese markets moved into bear market and turned negative for the year as the Yuan sits now at six month lows versus the dollar. Oil was the only winner in the markets yesterday jumping to over 70$ per barrel on Iran sanctions and disruption supplies in Libya and Canada. Metals traded lower on a stronger dollar and Gold broke the 1260$ level to close at year lows 1255$ per ounce.

BOE Gov Carney speech at 9 am, US Durable Goods orders at 1:30 pm and Oil Inventories at 3:30 pm are the important news on the agenda Tuesday.

 

MarketGBPUSDUSDJPYEURJPYEURUSDGOLDOIL
26.6.2018-0.35%0.28%-0.2%-0.47%-0.68%3.47%
USDMXNUSDCHFAUDUSDAUDJPYUSDCADSilverPlatinum
0.14%0.42%-0.32%-0.05%0.08%-0.42%-0.03%
Dollar IndexDAXFTSE100CAC40EURSXX50NIKKEI225CSI300
0.28%-0.29%0.37%-0.05%-0.01%-0.36%-2.01%
1 YEAR-3.45%1.39%0.43%-4.79%10.07%-5.84%

 

                        

Swing trades follow up  

TradeEntry pricePositionOpen profitDate triggeredStop lossRemarks today
 OIL66.74165022/669.84SL changed
NASDAQ706258025/67000 
GBPUSD32840.7-22026/63284Stopped out
       
OPEN PROFIT  $1730