The dollar traded mostly sideways versus majors as investors look ahead for more insight from Fed Chairman Powell speech tonight. The move towards a deal between the UK and the EU on the Brexit issues seems to be coming to an end after 24 long months and the sterling will be in focus on that near term. Global equity markets traded mostly lower, US markets closed in the red following a green open to drag EU markets lower as well. Oil has its first green day in two weeks following the release of US inventories and investors took profits on the amazing 25% drop from highs to year lows in less than two months. Metals reversed on a softer dollar and Gold traded higher to close at 1211$ per ounce, the strongest move in the last 10 days.

UK Retail Sales at 9:30 am and US Retail Sales at 1:30 pm are the important news on the agenda Thursday.

 

MarketGBPUSDUSDJPYEURJPYEURUSDGOLDOIL
14.11.18-0.25%-0.24%-0.18%0.11%0.82%0.61%
USDMXNUSDCHFAUDUSDAUDJPYUSDCADSilverPlatinum
-0.44%-0.11%0.11%-0.17%0.18%0.92%-0.28%
Dollar IndexDAXFTSE100CAC40EURSXX50NIKKEI CSI300
-0.27%-0.52%-0.28%-0.65%-0.6%-0.2%0.87%
1 YEAR-12.05%-4.6%-4.38%-9.6%-1.02%-20.94%

 

 

Swing trades follow up 

TradeEntry pricePositionOpen profitDate triggeredStop lossRemarks today
USDCAD31760.72509/113176 
NASDAQ681071015/116740New position
OIL61.16275012/1156.5Stopped out
       
OPEN PROFIT  $260