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.
| Market | GBPUSD | USDJPY | EURJPY | EURUSD | GOLD | OIL |
| 7.8.18 | -0.02% | 0.01% | 0.36% | 0.38% | 0.01% | 0.1% |
| USDMXN | USDCHF | AUDUSD | AUDJPY | USDCAD | Silver | Platinum |
| -0.31% | -0.12% | 0.51% | 0.49% | 0.41% | 0.08% | 0.54% |
| Dollar Index | DAX | FTSE100 | CAC40 | EURSXX50 | NIKKEI225 | CSI300 |
| -0.16% | 0.4% | 0.71% | 0.81% | 0.6% | -0.01% | -0.72% |
| 1 YEAR | 2.9% | 2.48% | 5.79% | -0.32% | 13.35% | -10.39% |
Swing trades follow up
| Trade | Entry price | Position | Open profit | Date triggered | Stop loss | Remarks today |
| USDNOK | 1839 | 0.7 | 365 | 2/8 | 2267 | Stopped out |
| EURJPY | 128.88 | 0.7 | 260 | 7/8 | 128.45 | New position |
| EURUSD | 1547 | 0.8 | -280 | 6/8 | 1575 | Stopped out |
| EURCAD | 5015 | 0.8 | -310 | 6/8 | 5063 | Stopped out |
| GBPUSD | 3114 | 0.7 | 1008 | 2/8 | 2959 | Stopped out |
| OPEN PROFIT | $260 |