May 11, 2018.

The dollar index traded sharply lower after a ten day rally following the lower than expected CPI reading that triggered profit taking in the greenback. The BOE dovish tone sent the sterling lower versus all majors and signaled a different tone than expected just three weeks ago, when the sterling traded at Brexit levels. Global equity markets traded higher on US markets strength and a weaker dollar while commodities rallied on the CPI number, trading higher across the board.

CAD Employment change at 1:30 pm and ECB President Draghi speech at 2:15 pm are the important news on the agenda Friday.

 

MarketGBPUSDUSDJPYEURJPYEURUSDGOLDOIL
10.5.2018-0.2%-0.32%0.28%0.61%0.62%0.37%
USDMXNUSDCHFAUDUSDAUDJPYUSDCADSilverPlatinum
-1.71%-0.25%0.95%0.62%-0.72% 1.31%1.2%
Dollar IndexDAXFTSE100CAC40EURSXX50NIKKEI225CSI300
 -0.55%0.62%0.5%0.2%0.00%0.96%-0.3%
1 YEAR2.45%4.26%3.02%-1.49%13.78%15.63%

 

                   

Swing trades follow up 

TradeEntry pricePositionOpen profitDate triggeredStop lossRemarks today
GBPUSD35260.5-409/53520Stopped out
NASDAQ682157309/56890SL  changed
DAX12754310203/512838SL  changed
       
OPEN PROFIT  $1750