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.

 

MarketGBPUSDUSDJPYEURJPYEURUSDGOLDOIL
9.8.18-0.39%0.1%-0.62%-0.71% -0.11%-0.3%
USDMXNUSDCHFAUDUSDAUDJPYUSDCADSilverPlatinum
1.01%-0.01%-0.71% -0.62% 0.15%0.18% 0.75%
Dollar IndexDAXFTSE100CAC40EURSXX50NIKKEI225CSI300
0.45%0.34% -0.45%0.01%   0.02%-0.54%0.02%
1 YEAR5.51% 4.76%7.57%1.76%13.92%-8.55%

 

 

Swing trades follow up  

TradeEntry pricePositionOpen profitDate triggeredStop lossRemarks today
EURJPY128.880.7-3007/8128.45Stopped out
OIL6947208/867.21Stopped out
OIL69.2347688/867.21Stopped out
USDCAD30480.72010/83020New position
USDNOK31170.7-1010/82984New position
       
OPEN PROFIT  $10