The dollar index traded lower after US President Trump decision to cancel the North Korea nuclear summit. Investors responded with a swift move into safe heavens, sending the JPY sharply higher versus majors and Gold crossed the 1300$ level to close at 1303$ per ounce. Global markets responded with a sharp selloff however the US markets managed to close near the flat line, signaling a relief for EU markets this morning. OIL traded sharply lower on speculations that OPEC will increase its output to compensate for Iran and Venezuela sanctions.
UK GDP estimate at 9:30 am and US Durable Goods Orders at 1:30 pm are the important news on the agenda Friday. FX and Futures class 3/3 today at 3:30 pm US.
Market | GBPUSD | USDJPY | EURJPY | EURUSD | GOLD | OIL |
24.5.2018 | 0.08% | -0.81% | -0.86% | -0.06% | 1.12% | -1.63% |
USDMXN | USDCHF | AUDUSD | AUDJPY | USDCAD | Silver | Platinum |
-0.41% | -0.25% | 0.05% | -0.36% | 0.33% | 1.71% | 1.08% |
Dollar Index | DAX | FTSE100 | CAC40 | EURSXX50 | NIKKEI225 | CSI300 |
-0.27% | -0.94% | -0.92% | -0.31% | -0.57% | 0.07% | 0.06% |
1 YEAR | 1.85% | 2.65% | 3.96% | -1.75% | 13.34% | 9.88% |
Swing trades follow up
Trade | Entry price | Position | Open profit | Date triggered | Stop loss | Remarks today |
S&P500 | 2714 | 20 | 410 | 23/5 | 2700 | |
GBPUSD | 3385 | 0.7 | -160 | 24/5 | 3350 | New position |
DAX | 12754 | 3 | 500 | 3/5 | 12754 | |
OPEN PROFIT | $750 |