The dollar traded lower versus major coming off record levels for 2018 versus the sterling and Euro. Most FX markets traded in very narrow ranges on a typical summer doldrums trading day, brushing off US China tensions on global trade worries. Equity markets followed with a lackluster trading day across the board despite near record levels for the S&P500, now at six month highs. Metals traded marginally higher on a softer dollar and Oil was flat too ahead of the most important Inventories number today in the afternoon.

Oil Inventories at 3:30 pm is the important news on the agenda Wednesday.


7.8.18-0.02%0.01%0.36%0.38% 0.01%0.1%
-0.31%-0.12%0.51%0.49%0.41%0.08% 0.54%
-0.16%0.4% 0.71%0.81%     0.6%-0.01%-0.72%
1 YEAR2.9%2.48% 5.79%-0.32%13.35%-10.39%



Swing trades follow up 

TradeEntry pricePositionOpen profitDate triggeredStop lossRemarks today
USDNOK18390.73652/82267Stopped out
EURJPY128.880.72607/8128.45New position
EURUSD15470.8-2806/81575Stopped out
EURCAD50150.8-3106/85063Stopped out
GBPUSD31140.710082/82959Stopped out