The dollar traded mostly sideways on very narrow ranges, closing the trading week on a flat note ahead of important economic news this coming week. Majors lacked any momentum and investors turned to the equity markets for more on the earnings season, sending EU markets higher to one month highs and selling the technology sector in the US, plagued by worrisome earnings by big social media stocks. Metals traded sideways to close another red week while Oil closed lower at 68.5$ per barrel, yet managed a positive close for the week, the first one in more than a month.
There is no important news on the agenda Monday.
Swing trades follow up
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