The dollar traded mostly sideways versus FX markets following another lackluster session and very little overall market participation. Global equity markets opened the trading week on a flat note, yet US equity markets managed another all time record close before futures turned lower on weak earnings from tech giant Google while EU equity markets traded higher across the board yet in very narrow ranges as investors stay mostly on the sidelines. Metals traded lower in the morning session the reversed higher while Oil price action was very flat, expecting news from US inventories and production tomorrow and not picking up despite Friday selloff in the markets. Oil closed yesterday at 63.53$ per barrel, marginally up on the day.
CAD GDP at 1:30 pm and US CB Consumer Confidence at 2:30 pm are the important news on the agenda Tuesday. (all times GMT).
Market | GBPUSD | USDJPY | EURJPY | EURUSD | GOLD | OIL |
29.4.19 | 0.1% | 0.13% | 0.43% | 0.3% | -0.54% | 0.25% |
USDMXN | USDCHF | AUDUSD | AUDJPY | USDCAD | Silver | Nat Gas |
0.37% | 0.05% | 0.24% | 0.43% | -0.04% | -0.95% | 0.57% |
Dollar Index | DAX | FTSE100 | CAC40 | EURSXX50 | NIKKEI225 | CSI300 |
-0.14% | 0.1% | 0.17% | 0.21% | 0.04% | 0% | 0.24% |
1 YEAR | -2.25% | -0.91% | 1.1% | -0.98% | -0.93% | 4.07% |
Swing trades follow up
Trade | Entry price | Position | Open profit | Date triggered | Stop loss | Remarks today |
USDCAD | 3447 | 0.7 | 120 | 24/4 | 3415 | |
AUDJPY | 78.6 | 0.7 | -152 | 24/4 | 78.85 | Stopped out |
USDMXN | 18.99 | 0.7 | -190 | 29/4 | 19.05 | New position |
GOLD | 1272 | 40 | 410 | 18/4 | 1272 |
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OPEN PROFIT | $340 |