February 16, 2018.

 

The dollar index traded lower for the fourth day in a row, supporting the rally in the US markets and fueling the reversal in the global markets this week. The greenback close above the 1.25 level versus the Euro now at four year lows. The PPI number supported the weak dollar and investors now see that weakness in the dollar is key to the sustainability of the rally I the US markets. Most commodities traded sideways after yesterday rally while OIL closed above 61$ per barrel on further OPEC production cuts expectations.

UK Retail sales at 9:30 is the important news on the agenda Friday. 

 

MarketGBPUSDUSDJPYEURJPYEURUSDGOLDOIL
15.2.20180.64%-0.61%-0.22%0.39%-0.15%0.8%
USDMXNUSDCHFAUDUSDAUDJPYUSDCADSilverPlatinum
-0.38%-0.64%0.09%-0.52%0.05%-0.52%0.37%
Dollar IndexDAXFTSE100CAC40EURSXX50NIKKEI225CSI300
-0.55% 0.06%0.29%1.11%0.59%1.19%
1 YEAR5.01%-0.59%6.59%2.37%12.26%15.93%

 

Swing trades follow up  

TradeEntry pricePositionOpen profitDate triggeredStop lossRemarks today
DAX12360312015/212310New position
NASDAQ6334525009/26665SL changed
       
USDCHF93800.711809/29271SL changed
       
OPEN PROFIT  $3800