Read the Daily Market Report from Dave Evans, Professional Trader
 
 Euro drops after failure on Greek talks

Morning Report: 08.15 London

The euro is under pressure this morning after Eurogroup officials failed to reach an agreement on Greek debt. Officials are claiming that it is a mere ‘technicality’ that is holding back the final decision, but it is disappointing for markets either way.

The EUR/USD is off by 0.38%, with the EUR/GBP down by 0.39%.


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• The dollar index is having a strong morning, with the NZD/USD off by 0.39%.


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• The yen continues to weaken with the USD/JPY up by 0.47%, helping to force the GBP/JPY up by 0.32%.



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Coming up today:

• Today we have the release of the last MPC meeting minutes along with UK public sector net borrowing figures at 09.30.

• US unemployment claims follow at 13.30, with 415k expected. US flash manufacturing PMI and revised UoM consumer sentiment follow from 14.00.

Bet Idea:

• Today is the day before Thanksgiving, a period with a seasonal bullish bias. This could add further fuel to the AUD/JPY which has been pulling ahead in recent days.


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A good way to play this could be a ONE TOUCH trade predicting that the AUD/JPY TOUCHES 85.75 in the next 2 days for a potential return of 197%



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This is presented as an idea to stimulate fixed odds financial betting ideas and is not financial advice.

Summary: 


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