The dollar traded mostly sideways versus majors and sharply lower versus the JPY as investors look for safety in FX markets following a pullback from 2019 highs in EU and US equity markets. Weakness in the DOW and profit taking at 2019 highs sent US equity markets lower and the move to safety was complemented by another leg up in gold and metals. Oil markets were another place of weakness yesterday following reports that OPEC will raise its output to make up for the Iranian production deficit following the recent US sanctions and record crude production numbers from US producers, making room for more US produced global market share and undermining OPECs supply control efforts. Oil closed lower yesterday, at 65.1$ per barrel. 

US Advanced GDP at 1:30 pm is the important news on the agenda Friday. (all times GMT).

Market

GBPUSD

USDJPY

EURJPY

EURUSD

GOLD

OIL

25.4.19

-0.22%

-0.59%

-0.72%

-0.11%

0.88 %

-1.55%

USDMXN

USDCHF

AUDUSD

AUDJPY

USDCAD

Silver

Nat Gas

-0.61%

-0.05%

0.08%

-0.42%

-0.18%

0.4%

–%

Dollar Index

DAX

FTSE100

CAC40

EURSXX50

NIKKEI225

CSI300

0.07%

-0.25%

-0.5%

-0.33%

-0.31%

-0.68%

0%

1 YEAR

-1.74%

0.17%

1.91%

-0.4%

-0.65%

4.69%

Swing trades follow up

Trade

Entry price

Position

Open profit

Date triggered

Stop loss

Remarks today

USDCAD

3447

0.7

170

24/4

3415

AUDJPY

78.6

0.7

120

24/4

78.85

NASDAQ

7698

8

806

17/4

7794

Stopped out

GOLD

1272

40

300

18/4

1272

SL Changed                                       

                                       

OPEN PROFIT

$690