Binary.com Daily Market Report (15th Jun)
June 15, 2016 10:30 amVideo
Latest News
- Trading Signals for GOLD (XAU/USD) for April 19-22, 2024: sell below $2,395 (+2/8 Murray – overbought) April 19, 2024
- USD/JPY: Simple Trading tips for novice traders on April 19th (US session) April 19, 2024
- GBP/USD: Simple trading tips for novice traders on April 19th (US session) April 19, 2024
- EUR/USD: Simple trading tips for novice traders on April 19th (US session) April 19, 2024
- GBP/USD: trading plan for the US session on April 19th (analysis of morning deals). The pound is trying to regain its advantage April 19, 2024
- EUR/USD: trading plan for the US session on April 19th (analysis of morning deals). The euro compensated for the losses April 19, 2024
- Storm in a teacup: EUR/USD analysis April 19, 2024
- Video market update for April 19, 2024 April 19, 2024
- Eurozone PMIs eyed as euro’s focus turns to rate cuts beyond June – Preview April 19, 2024
- Technical Analysis – NZDUSD falls to fresh 5-month low April 19, 2024
- EUR/USD. April 19th. Bostic, Fed: the rate cut will happen at the end of the year April 19, 2024
- Forecast for GBP/USD pair on April 19, 2024 April 19, 2024
- Weekly Forex Outlook: 14/04/2024 – US GDP and BoJ decision on top of next week’s agenda April 19, 2024
- Market Comment – Safe havens jump as Israel retaliates against Iran April 19, 2024
- Technical Analysis – USDCAD puts rally on hold near 1.3800 caution zone April 19, 2024
- USD/JPY: trading tips for beginners for European session on April 19 April 19, 2024
- GBP/USD: trading tips for beginners for European session on April 19 April 19, 2024
- EUR/USD: trading tips for beginners for European session on April 19 April 19, 2024
- Supercharged US dollar turns to GDP growth data – Preview April 19, 2024
- Technical Analysis – USDCHF remains in bullish structure April 19, 2024
Pound Stable After Global Volatility
Morning Report: 06.30 London
• This morning, the pound is on a firmer footing after setting off a wave of global volatility this week. Equities across the world have dipped, with the FTSE 100 falling by 2% yesterday.
• By contrast, the euro is looking a little softer, with the EUR/GBP slipping lower.
• Globally there is a general easing of pressure as the dollar index dips and USD/JPY rallies.
• The AUD/USD is also rallying after days of pressure.
Coming up today:
• Coming up today we have an extremely busy day ahead, starting with UK average earnings index and claimant count change from 09.30. The unemployment rate is released at the same time.
• From 13.30 we switch to North America for Canadian manufacturing sales, alongside US PPI and Empire State Manufacturing.
• Then at 14.15, we get US capacity utilisation and industrial production.
• Bundesbank president Weidmann speaks at 15.00.
• US crude oil inventories are released at 15.30.
• Today’s main event is the FOMC statement and economic projections at 19.00, with the press conference following at 19.30.
Trade Idea:
• Gold has rallied the past few weeks, but the precious metal has been far from consistent in its trends this year. In addition, any calming of Brexit fears could see gold slip back.
A good way to play this is a LOWER trade predicting that gold will close below $1250 in 15 days for a potential return of 194%.
Disclaimer: This financial market report is intended for educational and information purposes only. It should not be construed as investment or financial advice and you should not rely on any of its content to make or refrain from making any investment decisions. The views expressed in this report are those of the author and do not necessarily reflect the views or position of Binary.com accepts no liability whatsoever for any losses incurred by users in their trading. Binary options trading may incur losses as well as gains.
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