Daily Report January 17, 2018.
DAILY FX, COMMODITIES & GLOBAL ETF’S REPORT
The dollar index traded mostly sideways with no news on the agenda and investors looking for new clues as to the near term future for the greenback. Most majors had gone thru a low volume day ahead of the news expected down the week, starting with the BOC rate decision today. OIL investors took profits from the table ahead of the Inventories number tomorrow while Gold closed at 1335$ per ounce, at six month highs and only one percent from the 1350$ level. European markets traded flat ahead of the US open and futures point to a weak open today.
BOC rate decision at 3 pm is important news on the agenda Wednesday.
Swing trades follow up –
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