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BetOnMarkets Daily Market Report (21st August)
August 21, 2012 8:03 amVideo
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Morning Report: 08.00 London
• This morning, commodities and commodity forex pairs are leading markets with the AUD/USD up 0.51% and the NZD/USD up 0.38%
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• The yen pairs are notably lagging due to the resurgent yen. The USD/ JPY is down 0.24%, with the dollar index off by a similar margin.
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Coming up today:
• This morning we have UK public sector net borrowing figures at 09.30, with a drop of 2.7bn expected. CBI industrial order expectations follows at 11.00.
Bet Idea:
The NZD/USD is putting together a decent two day rally, something that tends to lead to follow through buying more often than not.
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A good way to play this
might be a HIGHER trade predicting that the NZD/ USD closes above 0.8150 in 3 days time. This could return 158% if successful.
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Summary:
This is presented as an idea to stimulate fixed odds financial betting ideas and is not financial advice.
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