Daily Report January 12, 2018.

 

 DAILY FX, COMMODITIES & GLOBAL ETF’S REPORT

 

The dollar index traded sharply lower on weak US inflation data retesting three month lows level versus majors. The low PPI reading reversed course again for metals and sent the greenback lower after two green days. Oil rally continued Thursday on yet another new record high as OPEC production pressures seem to take effect and demand soaring. OIL closed above the 64.5$ level before pulling back overnight. The Euro traded sharply higher on the ECB minutes after the bank hinted it may pull back from the stimulus monetary program for 2018. Global markets traded mostly sideways in suspense for the US earnings season kicking of today.

 

US CPI and Retail sales at 1:30 pm are important news on the agenda Friday.

 

MarketGBPUSDUSDJPYEURJPYEURUSDGOLDOIL
11.1.20180.21%-0.28%0.51%0.8%0.35%0.4%
USDMXNUSDCHFAUDUSDAUDJPYUSDCADSilverPlatinum
-0.14%-0.25%0.64%0.34%-0.18%-0.1%1.11%
Dollar IndexDAXFTSE100CAC40EURSXX50NIKKEI225CSI300
-0.45%-0.59%0.19%-0.29%-0.4%-0.33%-0.05%
1 YEAR13.37%6.48%12.27%8.69%23.91%26.77%

                                                                            

                                                                                          

                         Swing trades follow up –

TradeEntry pricePositionOpen profitDate triggeredStop lossRemarks today
DAX1300237503/113200Stopped out
CADJPY88.580.65011/189.2  New position
EURCAD24700.6130010/15047  SL changed
USDMXN29260.6-3809/11400 
EURJPY134.020.6-109/1134.4 
USDCAD24700.62509/12470  Stopped out
       
OPEN PROFIT  $900