BetOnMarkets Daily Market Report (4th June)
June 4, 2013 8:33 amVideo
Latest News
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- USD/JPY: Simple trading tips for novice traders on April 26th (US session) April 26, 2024
- GBP/USD: Simple trading tips for novice traders on April 26th (US session) April 26, 2024
- EUR/USD: Simple trading tips for novice traders on April 26th (US session) April 26, 2024
- GBP/USD: trading plan for the US session on April 26th (analysis of morning deals). The pound attempted, but it didn’t go April 26, 2024
- EUR/USD: trading plan for the US session on April 26th (analysis of morning deals). The euro continues to rise April 26, 2024
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- Weekly Forex Outlook: 26/04/2024 – Hawkish risk as Fed and NFP on tap, Eurozone data eyed too April 26, 2024
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- Week Ahead – Hawkish risk as Fed and NFP on tap, Eurozone data eyed too April 26, 2024
- Market Comment – Yen keeps sinking after Bank of Japan decision April 26, 2024
- Fed faces dilemma amid sticky inflation and slowing economy – Preview April 26, 2024
- USD/JPY: trading tips for beginners for European session on April 26 April 26, 2024
- GBP/USD: trading tips for beginners for European session on April 26 April 26, 2024
- EUR/USD: trading tips for beginners for European session on April 26 April 26, 2024
Aussie hit again after RBA statement
Morning Report: 08.30 London
• Markets are mixed this morning with the Japanese yen weakening and the dollar index on the rise once again.
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• The Aussie dollar is the big mover after the RBA kept rates on hold but analyst took their statement to mean further cuts are imminent. The AUD/USD is down 0.96%, With the NZD/USD following suit at -0.95%.
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• The euro is showing relative strength with the EUR/JPY up 0.94% following better than expected Spanish unemployment data.
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Coming up today:
• Coming up today we have UK Construction PMI at 09.30.
• This is followed by Canadian and US Trade balance at 13.30
Bet Idea:
• The USD/CAD has been back and forward these last few days, which is unsurprising given the
US and Canadian economies are so interlinked.
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• With one up day followed by a down day, there’s a fair chance that we could see the USD/CAD lower come tomorrow’s close.
• A LOWER trade predicting that the USD/CAD closes below 1.0300 in 1 days time could return 125% if successful.
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This is presented as an idea to stimulate fixed odds financial betting ideas and is not financial advice.
Summary:
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