The dollar index traded mostly higher with no major news on the agenda and global equity markets trading in narrow ranges other than the DAX that was the best market performer yesterday, up near one percent on a weaker Euro. FX markets traded mostly sideways and commodities were flat after yesterday big selloff. OIL closed the trading day above 72$ per barrel with 75$ as the new big resistance point as US driving season is looming for the weeks ahead. The EURSXX50 index turned again positive for the last 12 months on German and French markets strength after spending four months in red territory.
CAD CPI and Retail Sales at 1:30 pm is the important news on the agenda Friday.
Swing trades follow up
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