The dollar index traded sharply higher as investors flee riskier assets on Italian political woes and trade worries. All global markets traded sharply lower sending the only safe heaven higher, the JPY. EU markets traded lower 1.5% led by the big banks as investors fear increased over the Italian financial turmoil and took it on the banking sector, down roughly 5% in Europe and near 4% in the US. Asian markets traded lower as well leaving no place to run for global investors, that’s ahead of the US China trade disputes that are very much on the table. Oil traded lower to close at bellow 67$ per barrel.

US Prelim GDP at 1:30 pm and BOC rate decision at 3 pm are the important news on the agenda Wednesday. FX and Futures class tonight at 4:00 pm US.

 

MarketGBPUSDUSDJPYEURJPYEURUSDGOLDOIL
29.5.2018-0.46%-0.75%-1.48%-0.73%-0.22%-1.6%
USDMXNUSDCHFAUDUSDAUDJPYUSDCADSilverPlatinum
1.4%-0.26%-0.54%-1.28%0.22%-0.76%0.68%
Dollar IndexDAXFTSE100CAC40EURSXX50NIKKEI225CSI300
 0.7%-1.53%-1.26%-1.29%-1.59%-1.52%-1.13%
1 YEAR0.54%1.41%2.49%-3.74%11.89%8.07%

 

                       

Swing trades follow up  

TradeEntry pricePositionOpen profitDate triggeredStop lossRemarks today
S&P500271420-50023/52700Stopped out
NZDJPY75.390.74029/575.7New position
USDSEK81800.790029/58150 
DAX127543-5603/512754Stopped out
     
OPEN PROFIT  $940