March 29, 2018.

The dollar index traded sharply higher versus majors as investors shrug off the trade war and flock into the dollar leaving the JPY as the preferred safe heaven. As a result commodities turned lower, losing more than one percent on average while the JPY lost 1.5%, its biggest move lower in more than six months. Oil sold off on the inventories number despite OPEC pressures on prices on increased inventories and record US oil production numbers. Global markets traded in narrow ranges yesterday, on a light news agenda and ahead of the Good Friday weekend.

UK Current Account at 8:30 am and CAD GDP at 1:30 pm are the important news on the agenda Thursday.

 

MarketGBPUSDUSDJPYEURJPYEURUSDGOLDOIL
28.2018-0.54%1.5%-0.24%-0.75%-1.48%-1%
USDMXNUSDCHFAUDUSDAUDJPYUSDCADSilverPlatinum
-0.51%1.11%-0.22%1.27%0.26%-1.88%-1.38%
Dollar IndexDAXFTSE100CAC40EURSXX50NIKKEI225CSI300
 0.68%-0.25%0.64%0.29%0.43%0.45%0.95%
1 YEAR-2.15%-4.46%1.21%-4.14%9.93%11.94%

 

                      

Swing trades follow up  

TradeEntry pricePositionOpen profitDate triggeredStop lossRemarks today
EURUSD23320.8-2028/32295New position
NASDAQ65335-22027/36405 
GBPUSD40800.86028/34050New position
       
OPEN PROFIT  $-180