The dollar traded sharply lower versus majors in expectation of future trade talks between the US and China and the markets brushing off the Turkish lira crisis. FX markets traded higher versus the dollar across the board, sending metals higher, Gold traded up from 14 month lows to close above 1182$ per ounce, a 20$ rebound from year lows over the last two sessions. Global equity markets traded higher in the US and flat in the EU markets with no major market moving news on the agenda other than the future US China trade talks. Oil traded mostly higher yet closed the week down 5%, the third week in a row in red.

There is no important news on the agenda Monday.

 

MarketGBPUSDUSDJPYEURJPYEURUSDGOLDOIL
17.8.180.25%-0.24%0.34%0.6%0.46% 0.63%
USDMXNUSDCHFAUDUSDAUDJPYUSDCADSilverPlatinum
-0.57%-0.15%0.8%0.53%-0.75%0.48%0.56%
Dollar IndexDAXFTSE100CAC40EURSXX50NIKKEI225CSI300
-0.51%-0.22% 0.03%-0.08%    -0.14%-0.3%0.2%
1 YEAR0.37% 3.2%4.51%-2.12%14.18%-13.12%

 

 

Swing trades follow up 

TradeEntry pricePositionOpen profitDate triggeredStop lossRemarks today
OIL65.7636015/865Stopped out
EURCAD48180.754015/84934Stopped out
USDCAD30600.7-1020/81618New position
GBPUSD27210.719017/82690 
       
OPEN PROFIT  $180