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.
Swing trades follow up
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