BetOnMarkets Daily Market Report (16th November)

Read the Daily Market Report from Dave Evans, Professional Trader


	Euro rally stalls Morning Report: 08.15 London • This morning, the recent trends in financial markets have flipped, with the euro dropping and stock markets rallying. • The EUR/GBP is down 0.24%, the EUR/JPY 0.18%, with the EUR/USD off by 0.17%. Click here to view full-sized image Click here to view full-sized image Click here to view full-sized image • By contrast, stock markets are rising, with other ‘risk on’ assets such as the NZD/USD rising. Click here to view full-sized image Coming up today: • This morning we have European current account data at 09.00, with German Buba president Weidmann speaking at 10.30. • From 14.00, we have a raft of US economic data, with industrial production figures the main highlight. Bet Idea: • The euro has performed well in recent days, but this strength is questionable given the long term structural problems in countries such as Greece and even France. • The EUR/GBP is falling off today and that could continue in coming days. Click here to view full-sized image A LOWER trade predicting that the EUR/GBP closes below 0.8000 in 5 days could return 258% 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

A LOWER trade predicting that the EUR/GBP closes below 0.8000 in 5 days could return 258% if successful.

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