The dollar traded sharply lower Friday following the dovish speech by Fed Chairman Powell and the anticipation of a new NAFTA agreement. The speech sent investors fleeing from the US dollar into riskier currencies just 24 hours after they did just the opposite. Global markets traded higher led by a fresh new highs in US markets and a new wave of positive sentiment ahead of the US China trade talks. Metals traded sharply higher on the weaker dollar with Gold closing above the 1200$ level and Oil traded up for the fifth day in a row on Iran sanction supply fears to close above 69$ per barrel.
German Info Business Climate at 9 am is the important news on the agenda Monday.
| Market | GBPUSD | USDJPY | EURJPY | EURUSD | GOLD | OIL |
| 24.8.18 | 0.22% | -0.11% | 0.65% | 0.75% | 1.7% | 1.9% |
| USDMXN | USDCHF | AUDUSD | AUDJPY | USDCAD | Silver | Platinum |
| -0.6% | -0.45% | 1.12% | 0.8% | -0.41% | 1.8% | 2.1% |
| Dollar Index | DAX | FTSE100 | CAC40 | EURSXX50 | NIKKEI225 | CSI300 |
| -0.56% | 0.23% | 0.19% | 0.24% | 0.24% | 0.94% | 2.14% |
| 1 YEAR | 1.86% | 2.39% | 6.43% | -0.32% | 17.29% | -10.79% |
Swing trades follow up
| Trade | Entry price | Position | Open profit | Date triggered | Stop loss | Remarks today |
| GOLD | 1190 | 30 | 500 | 20/8 | 1199 | SL changed |
| EURJPY | 127.76 | 0.7 | 770 | 22/8 | 128.45 | SL changed |
| EURJPY | 128.32 | 0.7 | 420 | 23/8 | 128.45 | SL changed |
| OPEN PROFIT | $1690 |