BetOnMarkets Daily Market Report (10th April)

Read the Daily Market Report from Dave Evans, Professional Trader


	Aussie lifts on Chinese imports Morning Report: 08.30 London • This morning, markets have a strong positive bias after French Industrial production came in ahead of estimates. The AUD/USD is pushing ahead of the pack after stronger than expected Chinese imports of its raw materials. The positive move is helping the dollar index to slip lower. Click here to view full-sized image • The AUD/JPY is up 0.35%, with the AUD/USD up 0.27%. Click here to view full-sized image Click here to view full-sized image • The euro is also performing well after yesterday’s reports that the bailout programs for Portugal and Ireland had been extended. The EUR/JPY is up 0.27%, with the EUR/USD up 0.17%. Click here to view full-sized image Click here to view full-sized image Coming up today: • Coming up today, we have the release of the latest FOMC minutes, with the Federal budget balance released at the same time. Bet Idea: • The AUD/JPY has continued its strong trend with more upside potential following strong Chinese data. Click here to view full-sized image • A good way to play this could be a HIGHER trade predicting that the AUD/JPY is higher than 105.00 at the close on Friday. This could return 146% if successful. Click here to view full-sized image This is presented as an idea to stimulate fixed odds financial betting ideas and is not financial advice. Summary Click here to view full-sized image

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