The dollar index traded lower for the fourth day in a row, supporting the rally in the US markets and fueling the reversal in the global markets this week. The greenback closes above the 1.25 level versus the Euro now at four-year lows. The PPI number supported the weak dollar and investors now see that weakness in the dollar is key to the sustainability of the rally I the US markets. Most commodities traded sideways after yesterday rally while OIL closed above 61$ per barrel on further OPEC production cuts expectations.
UK Retail sales at 9:30 is the important news on the agenda Friday.
Market | GBPUSD | USDJPY | EURJPY | EURUSD | GOLD | OIL |
15.2.2018 | 0.64% | -0.61% | -0.22% | 0.39% | -0.15% | 0.8% |
USDMXN | USDCHF | AUDUSD | AUDJPY | USDCAD | Silver | Platinum |
-0.38% | -0.64% | 0.09% | -0.52% | 0.05% | -0.52% | 0.37% |
Dollar Index | DAX | FTSE100 | CAC40 | EURSXX50 | NIKKEI225 | CSI300 |
-0.55% | 0.06% | 0.29% | 1.11% | 0.59% | 1.19% | — |
1 YEAR | 5.01% | -0.59% | 6.59% | 2.37% | 12.26% | 15.93% |
Swing report
Trade | Entry price | Position | Open profit | Date triggered | Stop loss | Updates |
DAX | 12360 | 3 | 120 | 15/2 | 12310 | new position |
NASDAQ | 6334 | 5 | 1920 | 9/2 | 6665 | SL changed |
USDCHF | 9380 | 0.7 | 680 | 9/2 | 9271 | SL changed |
OPEN PROFIT | $3800 |