February 22, 2018

The dollar index traded higher following the release of the FOMC meeting minutes, bucking the trend of the past three days and moving the greenback higher from 4 year lows versus the Euro. Its early to decide if this is a game changer for the dollar however the global and US markets reacted with a move lower of about one percent following the news. EU markets are expected to follow their counterpart with a move lower this morning however the EU markets responded positively to the recent pullback in the Euro and sterling versus the dollar.

UK GDP at 9:30 am, ECB Monetary meeting accounts at 12:30 pm, CAD retail sales at 1:30 pm and OIL Inventories at 4 pm are the important news on the agenda Thursday.

 

MarketGBPUSDUSDJPYEURJPYEURUSDGOLDOIL
21.2.2018-0.61%0.51%0.08%-0.42%-0.26%-1%
USDMXNUSDCHFAUDUSDAUDJPYUSDCADSilverPlatinum
0.42%0.36%-0.95% -0.44%0.44%0.62%-0.76%
Dollar IndexDAXFTSE100CAC40EURSXX50NIKKEI225CSI300
0.5-0.14%0.48%0.29%-0.14%-1.07%2.1%
1 YEAR3.93%-0.28%8.3%2.72%12.16%18.37%

                   

Swing trades follow up 

TradeEntry pricePositionOpen profitDate triggeredStop lossRemarks today
DAX1236032015/212310 
NASDAQ6334519059/26665Stopped out
EURAUD57040.57021/25670New position
EURAUD56160.540020/25670SL changed
       
OPEN PROFIT  $490