The dollar index traded versus majors until the late afternoon comments from US President Trump, expressing concerns about the strength of the US dollar and the ability of US markets to compete. The remarks triggered a move lower in the dollar and it remains to be seen as off to the near terms impact of the remarks. Global equity markets traded in narrow ranges on lack of positive drivers to close lower as more earnings from Dow components are set to be released in the coming days. Metals traded lower despite Trumps remarks and OIL traded higher to close at 68.01$ per barrel.

CAD Retail Sales and CPI Number at 1:30 pm are the important news on the agenda Friday.

 

MarketGBPUSDUSDJPYEURJPYEURUSDGOLDOIL
19.7.18-0.27%-0.31%-0.33%-0.01%-0.5%0.79%
USDMXNUSDCHFAUDUSDAUDJPYUSDCADSilverPlatinum
1.01%0.05%-0.64%-0.97%0.71%-1.6%-1.19%
Dollar IndexDAXFTSE100CAC40EURSXX50NIKKEI225CSI300
0.15%-0.62%0.1% -0.56%-0.39%-0.54%0.9%
1 YEAR 1.92%3.41% 4.19%-0.8%12.39%-7.71%

 

 

Swing trades follow up 

TradeEntry pricePositionOpen profitDate triggeredStop lossRemarks today
S&P5002783348012/72804Stopped out
OIL69.455   65016/768.05Stopped out
GBPUSD30810.733018/73127 
DAX12322282029/612600 
       
OPEN PROFIT  $1150