BetOnMarkets Daily Market Report (15th February)

Read the Daily Market Report from Dave Evans, Professional Trader


	Yen pairs heading lower Morning Report: 08.30 London • The yen is on the advance this morning, forcing the main yen pairs lower. • The EUR/JPY is the main casualty this morning, down 0.76%, with the AUD/JPY down 0.59% and the USD/JPY down 0.56%. Click here to view full-sized image Click here to view full-sized image Click here to view full-sized image • The pound is standing firm though, with the GBP/USD up 0.26% and the EUR/GBP down by 0.47%. Click here to view full-sized image Click here to view full-sized image Coming up today: • Coming up today, we have UK retail sales at 09.30, with a 0.5% rise expected. • US economic data follows in the afternoon, with Empire state manufacturing released at 13.30 and industrial production at 14.15. Prelim UoM consumer sentiment follows at 14.55. span> • The G20 meeting is running throughout the day in the background and could be a source of a number of macro headlines. Bet Idea: • The NZD/USD is approaching its highest levels since 2011, but markets in general are stuck in a choppy trading range. • The NZD/USD could follows suit and consolidate over coming days, with an IN/ OUT trade the best way to play this. Click here to view full-sized image An In/Out trade predicting that the NZD/USD closes between a high or 0.8525 and a low of 0.8450 in 5 days time could return 133% 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

–1f85f2937eb6522ca85d9eb3a89aeded_myaff–

Trade Forex, Commodities, Stocks and more, trade CFDs on the Plus 500 CFD trading platform! *CFD Service. 80.6% lose money - Register a real money account here and get trading right away.