BetOnMarkets Daily Market Report (15th August)

Read the Daily Market Report from Dave Evans, Professional Trader


	Euro out performs as yen slips back Morning Report: 08.00 London • This morning, the Japanese yen is continuing to under perform, helping the major yen pairs to advance this morning. The EUR/JPY has extended recent gains, with the USD/JPY also up by around 0.2%. Click here to view full-sized image Click here to view full-sized image • It’s not one way traffic today for th e bulls though, with the AUD/USD down by around 0.16%. Click here to view full-sized image Coming up today: • The UK comes under focus this morning, with claimant count change at 09.30, with the unemployment rate released at the same time. We also have the release of the minutes from the last MPC meeting. Bet Idea: The USD/JPY has rallied h ard in the last couple of days, but it’s worth noting that the pair has not put three consecutive up days together since June. This could present an opportunity for a down trade. A good way to play this could be a LOWER trade on the USD/JPY predicting that the pair closes below 78.75 in 3 days time for a potential return of 130% 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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