The dollar traded sharply lower as investors fear a slowdown in global markets and the earnings warning of tech giant Apple. The JPY got stronger across the board on a run to safety and is trading at 8 month highs versus the dollar and at 24 month highs versus the Aussie. On the positive side, investors price now no further rate increases in the US in 2019 and that may play in favor of a dovish FED tone, that’s ahead of FED Chairman Powell speech today at 10:15 am US time. EU markets traded sharply lower on global equities weakness and metals traded higher on a weaker dollar to close at 1295$ per ounce and at 5 month highs. Oil traded a choppy session ahead of the inventories number today in the afternoon to close at 46.9$ per barrel.
US NFP and CAD Employment change at 1:30 pm, FED Chairman Powell speech at 3:15 pm and Oil inventories at 4 pm are the important news on the agenda Friday.
| Market | GBPUSD | USDJPY | EURJPY | EURUSD | GOLD | OIL |
| 3.1.19 | 0.2% | -1.09% | -0.64% | 0.45% | 0.75% | 0.7% |
| USDMXN | USDCHF | AUDUSD | AUDJPY | USDCAD | SILVER | NAT GAS |
| 0.14% | -0.18% | 0.3% | -0.83% | -0.73% | 0.77% | -0.14% |
| Dollar Index | DAX | FTSE100 | CAC40 | EURSXX50 | NIKKEI | CSI300 |
| -0.57% | -1.55% | -062% | -1.66% | -1.29% | -2.26% | 2.05% |
| 1 YEAR | -19.74% | -13.04% | -14.82% | -17.21% | -14.07% | -26.75% |
Swing trades follow up
| Trade | Entry price | Position | Open profit | Date triggered | Stop loss | Remarks today |
| USDJPY | 107.15 | 0.7 | 640 | 3/1 | 107.15 | SL changed |
| USDCAD | 3482 | 0.7 | -20 | 4/1 | 3460 | New position |
| NASDAQ | 6195 | 8 | -385 | 2/1 | 6150 | Stopped out |
| OPEN PROFIT | $620 |