The dollar index traded higher opening the week on a positive note ahead of the FOMC meeting Wednesday afternoon. Global equity markets traded in narrow ranges on a typical opening week trading day on low volumes and very light news agenda. Oil reversed higher to close above 69$ per barrel on renewed Middle East tension while commodities turned lower on a stronger dollar and lack of safe heaven buyers. More of the same is expected today as EU markets celebrate May 1 bank holiday.

CAD GDP at 1:30 pm and US ISM Manufacturing at 2:30 are the important news on the agenda Tuesday.


30.4.2018-0.1%0.14% -0.1%-0.32%-0.36%0.98%
 0.31%0.25%0.09%0.68%0.5%0.18% 0.04%
1 YEAR1.4%4.81%4.1%-0.65%17.25%9.22%



Swing trades follow up –

TradeEntry pricePositionOpen profitDate triggeredStop lossRemarks today
AUDJPY82.60.7-17017/482.35Stopped out
USDMXN18.6750.730030/418.6New position
USDMXN18.6400.424030/418.6New position