BetOnMarkets Daily Market Report (14th February)

Read the Daily Market Report from Dave Evans, Professional Trader


	Euro slips on GDP slowdown Morning Report: 08.30 London • The euro is on the back foot for the first time in four sessions today after French and German GDP came in below already depressed expectations. Earlier in the morning, Japanese GDP also contracted when forecasts were expecting growth. • The EUR/USD is off by 0.44% this morning, helping the EUR/GBP to drop despite the GBP/USD continuing its down trend. Click here to view full-sized image Click here to view full-sized image Click here to view full-sized image • The Aussie/Kiwi pairs are performing better this morning after Australian inflation expectations came in above the previous month. Click here to view full-sized image Coming up today: • We start the morning we the ECB monthly bulletin at 09.00, followed by Italian prelim GDP released at the same time. European flash GDP follows at 10.00. • From 13.30 we have US unemployment claims, followed by a number of speeches from FOMC members. Bet Idea: • The AUD/JPY has been choppy of late, but the uptrend still seems to be intact for now. Until the 12 period EMA is broken, it could pay to keep betting on more upside. Click here to view full-sized image A good way to play this could be a HIGHER trade predicting that the AUD/JPY closes above 97.25 in 5 days time for a potential return of 138%. 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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