The dollar index mostly sideways Tuesday on very little FX markets news as most FX markets traded sideways without any leadership. After two weeks of rallying global equity markets move higher came to a halt yesterday on profit taking in global equity markets and some disappointment from the lack of clarity on the progress on the US China trade talks as well as fear of a global economy slowdown. US markets lost near 2% on the move while EU markets are expected to catch up on the move lower this morning. Metals traded mostly higher on markets pullback and OIL traded lower on fears of a global slowdown to close at 53.01$ per barrel. US earnings reports and the US China trade agreement are expected to dominate the agenda today.

CAD Retail Sales at 1:30 pm is the important news on the agenda Wednesday.

 

MarketGBPUSDUSDJPYEURJPYEURUSDGOLDOIL
22.1.190.41% -0.21%   -0.25%-0.12%0.45%-0.6%
USDMXNUSDCHFAUDUSDAUDJPYUSDCADSILVERNAT GAS
0.02%-0.07%-0.34% -0.35%0.45% 0.32%–%
Dollar IndexDAXFTSE100CAC40EURSXX50NIKKEI CSI300
  0.09%-0.41%-0.99% -0.42%-0.39%-0.14%-0.1%
1 YEAR-17.63%-10.55%-12.42%-15.24%-14.63%-28.24%

 

Swing trades follow up 

TradeEntry pricePositionOpen profitDate triggeredStop lossRemarks today
GOLD12805023021/11276New position
DAX110173-2521/111088New position
NASDAQ6654849017/16711Stopped out
       
OPEN PROFIT  $205