The dollar traded sideways in narrow ranges as investors await the outcome of the FOMC meeting today in the afternoon. The pressure from US President Trump to stop the path of rate increases will be the outcome that investors will vote for and a surprise move for more rate increases will likely have a negative markets effect. Global equity markets traded again in very narrow ranges yet closing in positive territory while OIL traded sideways ahead of Oil Inventories number today. Gold was flat ahead of the FED decision today, closing at 1201$ per ounce.

Oil Inventories at 3 pm and the FOMC Meeting at 7 pm are the important news on the agenda Wednesday.

 

Market GBPUSD USDJPY EURJPY EURUSD GOLD OIL
25.9.18 0.5% 0.13%  0.31% 0.17% 0.1% 0.26%
USDMXN USDCHF AUDUSD AUDJPY USDCAD Silver Platinum
0.21% 0.03% -0.06% 0.07% -0.08% 1.11% -0.15%
Dollar Index DAX FTSE100 CAC40 EURSXX50 NIKKEI225 CSI300
-0.04% 0.19% 0.66% 0.05% 0.27% 0.32% 1.9%
1 YEAR -1.83% 3.04% 3.99% -3.3% 17.86% -10.14%

 

 

Swing trades follow up  

Trade Entry price Position Open profit Date triggered Stop loss Remarks today
NASDAQ 7530 6 580 24/9 7500  
EURJPY 132.41 0.7 250 24/9 132  
USDMXN 9988 0.4 -20 25/9 9260 New position
DAX 12218 2 330 20/9 12286  
             
OPEN PROFIT     $1160      

 

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