The dollar traded lower across the board, after a weak PPI number yesterday and investors moving into the Euro following the ECB press conference and a lesser tense mode in the US China trade war. The dollar and JPY traded lower versus majors while the Euro climbed to five weeks highs to close just under the 1.17 level versus the dollar. Global equity markets traded higher led by US markets while Oil turned south on demand worries and a negative IEA report for 2019. Metals traded mostly sideways despite a softer dollar on global markets gains and Gold closed the trading day just above the 1202 $ level after trading as high as 1210$ early on.

UK BOE Governor Carney speech at 12 pm and US Retail Sales at 1:30 pm are the important news on the agenda Friday.

 

Market GBPUSD USDJPY EURJPY EURUSD GOLD OIL
13.9.18  0.44% 0.66% 1.2% 0.53% -0.44% -2.34%
USDMXN USDCHF AUDUSD AUDJPY USDCAD Silver Platinum
-0.94% -0.5% 0.31% 0.97% 0.05% -0.51% 0.43%
Dollar Index DAX FTSE100 CAC40 EURSXX50 NIKKEI225 CSI300
-0.44% 0.19% -0.43% -0.08% 0.21% 0.8% 0.03%
1 YEAR -3.87% -0.19% 1.97% -5.47% 16.14% -15.47%

 

 

Swing trades follow up  

Trade Entry price Position Open profit Date triggered Stop loss Remarks today
S&P500 2896 20 180 13/9 2882 New position
NASDAQ 7455 6 700 10/9 7400  
OIL 69.49 6 610 13/9 69.49 New position
USDCAD 3040 0.7 220 12/9 3080  
             
OPEN PROFIT     $1800      

 

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