Read the Daily Market Report from Dave Evans, Professional Trader
 
   

Aussie leads as markets hold higher ground

Morning Report: 08.30 London

• Fin
ancial markets are holding the higher ground this morning after Asian markets rallied on the back of Friday’s US employment data. The big mover this morning is the Australian dollar. The AUD/USD is up 0.28%, with the AUD/JPY up 0.17%.

           

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• The dollar pairs are moving well across the board with the dollar index slipping back from the highs. The EUR/USD is up 0.18%, with gold up 0.20%.
 

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Coming up today:

• There are no major economic items in the calendar today with this evening’s Japanese data, the only item of note to come.

Bet Idea:

• The Australian dollar is on the move, with the AUD/USD playing catch up with the AUD/JPY. With the dollar index easing back from the highs, there could be more upside to come here.

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A HIGHER trade predicting that the AUD/USD closes above 1.0300 in 3 days time could return 136% 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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