The dollar traded mostly sideways as NFP numbers failed to impress investors and most FX markets had a minor reaction to the news. Global equity markets traded marginally higher on the news closing the week on a positive note yet on very little market participation and very low trading volumes. Metals reacted positively to the softness in the NFP number trading higher across the board and maybe creating a bottom in the Gold trade, now at 1214$ per ounce, at 12 months lows. Oil went thru a choppy trading day, closing at 68.9$ per barrel and flat for the first week of August.
There is no important news on the agenda Monday.
Swing trades follow up
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