The dollar traded sideways versus majors looking ahead to the release of the NFP numbers this coming Friday. Most FX markets traded in very narrow ranges other than the AUD which lost ground following the dovish RBA statement yesterday morning to kept interest rates in check and a forward estimate that supports the easing policy. Global equity markets continue to move higher across the globe led by the positive sentiment towards the upcoming US China trade deal and ahead of the earnings season due to open this week. Metals traded mostly sideways on a flat dollar while OIL traded higher to fresh 2019 highs and 5 months highs of 62.61$ per barrel on OPEC supply cuts.

US ADP Employment change at 1:15 pm and US OIL Inventories at 3:30 pm are the important news on the agenda Wednesday. (all times GMT).


2.4.19 0.21%0.02%-0.1%-0.12%0.1%1.75%
0.39%-0.06%-0.62%-0.59% 0.25%-0.26%-0.7%
1 YEAR-2.06%5.13%4.32%1.46%1%3.05%


Swing trades follow up

TradeEntry pricePositionOpen profitDate triggeredStop lossRemarks today
GBPUSD31370.7603/43100New position
NASDAQ73147132029/37510SL changed
OIL60.62715401/462.3SL changed