BetOnMarkets Daily Market Report (17th September)

Read the Daily Market Report from Dave Evans, Professional Trader


	Markets pause after week of monster gains Morning Report: 08.00 London • This morning markets are reversing some of the big moves from last week, with the Australian dollar continuing to struggle. • The AUD/JPY is down 0.39%, with the AUD/USD down 0.27%. Click here to view full-sized image • Elsewhere, last week’s big winners, the GBP/JPY and EUR/JPY are backing off slightly as the USD/ JPY drops by 0.13%. Click here to view full-sized image Click here to view full-sized image Coming up today: • At 09.00 we have European current account at 09.00 with a drop to 10.9bn expected. • US Empire State Manufacturing data is released at 13.30. Bet Idea: • While the euro shot to the moon late last week, the Australian dollar continued to struggle. The AUD/USD was repelled from resistance at 1.0600 on Friday and there could be more downside to come. Click here to view full-sized image A good way to play this might be a LOWER trade predicting that the AUD/USD will close below 1.0500 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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