The dollar index traded lower versus EU currencies and higher versus the Mexican peso and Canadian dollar, that’s on NAFTA worries. The dollar hit 18 month highs versus the peso sending renewed trade worries into the markets ahead of the US China trade agreement talks ahead. Global equity markets traded in narrow ranges with investors awaiting on the sidelines while commodities managed to turn green and Oil moved higher to close above 65.5$ per barrel, up from two month lows ahead of the Inventories number today in the afternoon.

CAD Trade Balance at 1:30 pm and US Oil Inventories at 3:30 pm are the important news on the agenda Wednesday.

 

MarketGBPUSDUSDJPYEURJPYEURUSDGOLDOIL
 5.6.20180.65%-0.11%0.18%0.31%-0.26%1.08%
USDMXNUSDCHFAUDUSDAUDJPYUSDCADSilverPlatinum
1.42%-0.24%-0.31%-0.24%0.24%0.45%-0.15%
Dollar IndexDAXFTSE100CAC40EURSXX50NIKKEI225CSI300
  -0.14% 0.13%-0.7%-0.22%-0.37%0.42%-0.14%
1 YEAR0.76%2.15%3.64% -2.74%13.29%9.94%

 

                        

Swing trades follow up 

TradeEntry pricePositionOpen profitDate triggeredStop lossRemarks today
NASDAQ696810175030/57130SL changed
OIL67.846142031/565.47Stopped out
       
OPEN PROFIT  $1750