USD index

Euro not showing much momentum, but it is down for now. Cad not acting very weak any more. Looking to dump it soon.

 

Aud finally broke down.

 

And gold starting to move back down. Been looking for weakness there. Not trading it though.

 

I also think gold will gradually lose its value as inauguration is getting closer. The only reason I could think of that gold has been rising in value since the election is that new administration has not taken the office yet. Earlier today, Trump indirectly signalled that his administration will bring bigger effect than expected on inauguration on his twitter. He will definitely make a clear speech about his fiscal policy on inauguration.

Anyway, I've got a business with pound and euro first before I could play inauguration

 

So you think GBP will keep falling?

 

the target is 1.15. I wrote previously about that. Tomorrow expect it to renew bottom after May relentless spurn of saving connections with EU

 

Still long USD across the board. Using Cad short instead of aud as it seems weaker. Traded around stuff, got out earlier this am, reinitiated USD Jpy at 114.05, USD Cad at 131.50, Euro 106 even. Down slightly on day as I got stopped twice on falling USD Jpy last night. Never got a push down in Euro early am below 115.80 to make me whole again. Still hanging on to small positions as I still read USD strength.

 

Sold a little more GBP at 120.51

 

Flat. Going to reassess. It was all slowly going my way except the Euro. Trying to play defense first

 

Gold doesn't seem to want to go down now. Currently short GBP from 120.48. Long USD/Jpy from 114.13. Both on short leashes.