The dollar index traded lower following the release of the FOMC statement last night however global FX markets had a weak response to the release and most pairs traded near the zero change line following the news. Global equity markets response to the news was a pullback in US markets after ten straight up day for the indexes while Asian markets bucked the trend to trade lower and signal a weak EU markets open ahead of the ECB press conference today at noon. Oil Inventories showed a surprise drop in US stockpiles however record US production outputs moderated the move and OIL closed up only 44 cents, at above 66$ per barrel.
UK Retail Sales at 9:30 am, The ECB Press Conference at 1:30 pm and US Retail Sales at 1:30 pm are the important news on the agenda Thursday. THE JUNE FX CLASS 2/3 TODAY AT 3:30 pm US.
Swing trades follow up
|Trade||Entry price||Position||Open profit||Date triggered||Stop loss||Remarks today|