The dollar traded sharply higher versus majors as investors fear the effects of the US China trade war and the sanctions versus the Turkish and Russian governments. The sterling continued its path south and most FX markets traded favorably towards safe heavens. Global equity markets traded flat, the S&P 500 earnings season is coming to an end and there are very little positive drivers left in the markets at this point. Oil and metals saw little change yesterday. Investors and equity markets will observe the US cPI number today in the afternoon.
UK GDP at 9:30 am, CAD Employment and US CPI at 1:30 pm are the important news on the agenda Friday.
Swing trades follow up
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