Coastline Trading

Trading:
Bought 0.01 Lots USDSEK 8.05512 TP 8.1099
Bought 0.01 Lots USDSEK 8.05452 TP 8.3
Bought 0.01 Lots USDSGD 1.32422 TP 1.332
Bought 0.01 Lots USDSGD 1.3242 TP 1.32751
Closed Sell 0.03 Lots USDJPY 112.567 for +173.1 pips

Trading:
Closed Sell 0.01 Lots EURJPY 134.503 for +130.5 pips
Closed Sell 0.01 Lots GBPJPY 151.358 for +65.8 pips

Trading:

Closed Sell 0.01 Lots USDJPY 113.4 for +35.4 pips

Trading:

Closed Sell 0.01 Lots CHFNOK 8.47726 for +7.731 pips
Closed Buy 0.01 Lots NOKDKK 0.7485 for +0.4 pips

Trading:

Closed Sell 0.01 Lots EURAUD 1.54321 for +32.1 pips

trading:

Sold 0.01 Lots GBPJPY 151.358 TP 150.7

Sold 0.01 Lots CHFNOK 8.47726 TP 8.4

Sold 0.01 Lots EURAUD 1.54321 TP 1.54

Sold 0.01 Lots EURJPY 134.503 TP 133.2

Bought 0.01 Lots EURZAR 15.0965 TP 15.4

These trades are already accounted in the below leverage calculation.

Trading:

Current exposure in the Forex.com account:

AUD long 0.9k
CHF short 0.7k
CNH short 0.7k
DKK short 0.01k
EUR short 2.7k
GBP short 6k
JPY long 3.8k
NOK long 0.8k
SEK short 0.8k
SGD short 0.8k
USD long 7.8k
ZAR short 1.8k

Total exposure in GBP 34k making effective leverage 3.8:1

Trading:

Bought 0.01 Lots NOKDKK 0.7485 TP 0.7525
Sold 0.01 Lots USDJPY 113.4 TP 113.05
Bought 0.01 Lots USDCNH 6.57738 TP 6.59434
Bought 0.01 Lots USDSGD 1.34556 TP 1.34857

Trading:

Closed Long AUDCAD from 0.98050 at 0.97816 for 23.4 pips
Closed Short EURSEK from 9.97682 at 9.96478 for 120.4 pips
Closed Sell USDNOK from 8.33900 at 8.35945 for 215.1 pips
Closed Short AUDCHF from 0.75500 at 0.75752 for 25.4 pips

Walk Through FXStreet

At FXStreet you can now follow certain instruments which are excellent barometers of market sentiment. They can indicate higher or lower risk taking depending on their performance.

Risk Appetite Forex Trading Everything you need to keep informed about Risk Appetite Forex Trading. Check FXStreet's high quality resources.

See the Bank of England and ECB talk about economic future, by Mário Blaščák

What you need to know before markets open

The US Federal Reserve hiked the rates by 25 basis points in line with expectations but remained dovish with two FOMC members dissenting the decision and three rate hikes projected for 2018.
The US Dollar fell across the board on Fed raising rates as markets saw the move being dovish with the short-term economic projections lifted by the US tax reform but giving the economy and the inflation long-lasting boost.
The Bank of England and the ECB policy decision are due today, with both central banks seen staying on hold with the monetary policy arsenal while markets are likely to monitor closely what they have to say.

Thursday’s market moving events

Australian employment rose 61.6K and the unemployment rate remained at 5.4% in November.
China’s retails sales increased 10.2% y/y in November.
China’s industrial production rose 6.1% y/y in November.
China’s central bank, the People’s Bank of China, raised the interest rates for the first time since mid-March in a surprising move after Fed. Both 7-day and 28-day repo rates were lifted by 5 basis points, while PBoC left 14-day repo rate unchanged.
French CPI is expected to rise 0.1% m/m and 1.3% y/y in November.
Spanish CPI is forecast to increase 0.4% m/m and 1.6% y/y in November.
Flash manufacturing PMI for France is set to decelerate to 57.2 with composite PMI decelerating to 59.4 in December from 60.2 in the previous month.
Flash manufacturing PMI for Germany is set to decelerate to 62.0 while services are seen accelerating to 54.6 in December. The composite PMI is seen decelerating to 57.2 in December from 57.3 in the previous month.
The Eurozone Flash manufacturing PMI is expected to 59.8 while services are seen edging down to 56.0 in December. The composite PMI is expected to decelerate to 57.2 from 57.5 in the previous month.
The UK retail sales are expected to rise 0.4% m/m in October while rising 0.3% y/y.
The Bank of England is expected to hold the Bank rate and monetary policy tools unchanged in December.
The ECB is expected to keep interest rates unchanged while in has pre-announced tapering of its asset purchasing program since January back in November.
The US retail sales are expected to rise 0.6% m/m with the core retail sales expected to increase 0.3% m/m in November.
The US initial jobless claims are seen rising by 239K in the week ending December 8.
Canada’s new house price index is expected to rise 0.2% m/m in October
The US manufacturing PMI is expected to accelerate to 54.0 in December and services PMI is seen rising to 55.0 in the same month.
The Bank of Canada Governor Stephen Poloz is due to deliver a speech titled "Three Things Keeping Me Awake at Night" at the Canadian Club of Toronto at 17:25 GMT.

Executed trades last week (on hands-off mode):

Closed Buy 0.01 Lots EURUSD 1.17814 for +0.1 pips

Closed Buy 0.01 Lots EURUSD 1.18015 for +0.1 pips

Closed Buy 0.01 Lots EURUSD 1.18386 for +0.5 pips

Closed Buy 0.01 Lots EURUSD 1.18391 for +1.1 pips

Closed Buy 0.01 Lots EURUSD 1.18401 for +1.1 pips

Closed Buy 0.01 Lots EURUSD 1.18418 for +0.3 pips

Closed Buy 0.01 Lots EURUSD 1.18459 for +0.1 pips

Closed Buy 0.01 Lots EURUSD 1.18461 for -0.2 pips

The net exposure is now short 7k.