April 20, 2018.

The dollar index traded higher as investors turn to the dollar on increased interest rates and lackluster US and DAX earnings. The sterling was the big loser on the day dropping under the 1.41 level versus the dollar, a 200 pip pullback from 24 month highs this week. The commodities markets did not react to the strong dollar move on the back of the weakness in the US markets and lack of effective safe heavens on a stronger dollar. Oil pulled back from three year highs to close below the 68$ per barrel after trading near 70$ yesterday.

CAD CPI at 1:30 pm is the important news on the agenda Friday.

 

MarketGBPUSDUSDJPYEURJPYEURUSDGOLDOIL
19.4.2018-0.78%0.12%-0.08%-0.21%-0.43%-0.41%
USDMXNUSDCHFAUDUSDAUDJPYUSDCADSilverPlatinum
2.14%0.26%-0.67%-0.55%0.3%0.01%-0.74%
Dollar IndexDAXFTSE100CAC40EURSXX50NIKKEI225CSI300
0.37%-0.19%0.16%0.21%-0.12%0.14%-0.99%
1 YEAR4.49%2.96%6.18%1.35%20.57%9.03%

    

 

Swing trades follow up 

TradeEntry pricePositionOpen profitDate triggeredStop lossRemarks today
GBPUSD40740.7-2019/44110New position
USDCHF97220.7-1519/49700New position
SP50026461049511/42696Stopped out
     
OPEN PROFIT  $-35