Friday’s US CPI and retail sales data disappointed. Softer retail sales and consumer prices stopped US dollar’s advance against its peers.

The euro finished the week above the 1.09 level and the gap remains unfilled. The more it gets unfilled, higher the implications towards its outlook.

Sterling faced resistance in front of the 1.30 level. BOE sent a dovish message in its last meeting. Maybe signaling that a high is in place.

The Australian dollar reversed some of its losses by the end of last week.

Oil prices traded sideways as well as the Canadian dollar, which did not pick a clear direction yet.

My equity keeps off the initial. I’ve shorted the yen, but my position’s entry wasn’t the most accurate. Though I’ve managed to close it with marginal profit.

Maybe next week, with the US dollar expected to move lower (after disappointing economic figures reported on Friday) shorting USD/JPY might provide me the profits that I’ve been looking for last week.

My USD/CAD position is still maturing. US dollar weakness and an eventual short-lived oil price rally will likely allow me to profit with it.
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