The dollar index traded in narrow ranges following the decision by US President Trump to back from the Iran nuclear agreement leaving OIL as the main driver in the commodities markets. Oil took another three percent bounce to close at above 71.5$ per barrel on the proposed sanctions despite soaring US crude output that reached new record highs. Global equity markets traded mostly higher led by the energy sector, that’s ahead of the Bank of England rate decision today at noon. EU markets banks are on vacation today, leading to a low volume inside action FX markets trading day, until noon.

UK Manufacturing at 9:30 am, the BOE rate decision at 12 noon and US CPI at 1:30 pm GMT are the important news on the agenda Thursday.

 

Market GBPUSD USDJPY EURJPY EURUSD GOLD OIL
9.5.2018 -0.01% -0.57% 0.48% -0.08% -0.08% 3.03%
USDMXN USDCHF AUDUSD AUDJPY USDCAD Silver Platinum
0.05% 0.38% 0.15% 0.65% -0.75% 0.38% 0.46%
Dollar Index DAX FTSE100 CAC40 EURSXX50 NIKKEI225 CSI300
 0.05% 0.24% 1.28% 0.23% 0.33% 0.38% 0.02%
1 YEAR 1.45% 3.75% 2.48% -2.08% 13.03% 15.99%

                               

                        

Swing trades follow up 

Trade Entry price Position Open profit Date triggered Stop loss Remarks today
GBPUSD 3526 0.5 170 9/5 3520 New position
NASDAQ 6821 5 470 9/5 6800 New position
USDMXN 18.675 0.7 2850 30/4 19.69 Stopped out
DAX 12754 3 850 3/5 12750 SL  changed
OIL 70.27 5 -365 7/5 71 Stopped out
             
OPEN PROFIT     $1480