The dollar index traded sharply higher versus majors as investors taste reverse after another setback in the German coalition and global trade worries. With metals off the table as safe heavens the dollar is the place to go for investors and global markets poor performance yesterday sent equity markets lower and the dollar higher. The beginning of the third quarter did not signal a new or positive sign for global markets as the markets await the upcoming earnings season and more from companies on the upcoming implications of the looming trade war. Oil was mostly sideways as Libya supply issues prevent any pullback in prices.

UK Construction PMI at 9:30 am is the important news on the agenda Tuesday.

 

Market GBPUSD USDJPY EURJPY EURUSD GOLD OIL
2.7.18 -0.6% 0.18% -0.13% -0.55% -0.88% -0.27%
USDMXN USDCHF AUDUSD AUDJPY USDCAD Silver Platinum
0.33% -0.38% -0.99% -0.64% 0.51% -1.84% -4.13%
Dollar Index DAX FTSE100 CAC40 EURSXX50 NIKKEI225 CSI300
0.9% -0.55% -1.17% -0.88% -0.69% -0.47% -0.23%
1 YEAR -0.71% 1.56% 3.96% -3.43% 8.24% -6.87%

                  

Swing trades follow up 

Trade Entry price Position Open profit Date triggered Stop loss Remarks today
OIL 66.7 4 3200 22/6 73.3 SL changed
NASDAQ 7084 5 230 29/6 7000
GOLD 1252 40 -284 28/6 1245 Stopped out
DAX 12322 2 -60 29/6 12090
         
OPEN PROFIT     $3350