BetOnMarkets Daily Market Report (13th June)
July 4, 2012 12:11 pmVideo
Latest News
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- 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
Greek concerns subdue early moves…
Morning Report: 08.00 London
• While yesterday saw some good buying action on some ‘risk on’ assets, the euro was weak on a relative basis. The main lingering concern is over the forthcoming Greek elections and the fact that German bonds hinted at signs of distress yesterday…
• This morning, while the euro is weak, it is performing relatively well against its closest neighbour the British pound. The EUR/GBP is up 0.13%…
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• The pound is weak in general this morning with the GBP/JPY down 0.14%….
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• The Kiwi is bucking the trend with these early moves though with the NZD/USD down 0.14%…
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Coming up today:
• Coming up today we have European production at 10.00 with a drop to -0.9% expected.
A German bond auction is running throughout the day...
• From 13.30 we have a slew of US economic announcements with core retail sales and PPI. This is followed by business inventories at 15.
00….
Bet Idea:
Financial markets rallied out of nowhere yesterday and this morning there is a lack of a clear catalyst to get things moving. The British pound was one of the biggest movers yesterday, but is falling back slightly this morning. The pound and other dollar pairs are technically oversold in the medium term, but there is still room for a pullback in the short term, especially with Europe still far from settled…
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A good way to play this might be a LOWER trade predicting that the GBP/USD closes below 1.5500 in 1 days time for a potential return of 167%. .
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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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