BetOnMarkets Daily Market Report (26th September)

Read the Daily Market Report from Dave Evans, Professional Trader


	Trouble in Spain sees sell off continue Morning Report: 08.15 London • This morning, the unwind has continued, with growth currencies and the euro falling hard on the back of last night’s sell off. There are concerns that the recent round of money printing will not go far enough. The pressure in Spain has also intensified with violent protests in Spain last night. • The Australian dollar is the biggest mover, with the AUD/JPY down 0.50%, with the AUD/USD down 0.36%. Click here to view full-sized image Click here to view full-sized image • The euro is not fair behind, with the EUR/JPY down 0.45% and the EUR/USD down 0.33%. The dollar index has now risen for the last three sessions. Click here to view full-sized image Click here to view full-sized image Coming up today: • Coming up today we have the BOE credit conditions survey at 09.30, with CBI realised sales at 11.00. • US new home sales are due at 15.00. span> Bet Idea: • The post Draghi rally has unwound spectacularly lately, with the AUD/JPY leading the fallers. When this pair catches a trend, it can run and run so there is potential for further selling here. Click here to view full-sized image A ONE TOUCH trade predicting that the AUD/JPY touches 79.75 in 1 days time (by the close on the 27th) could return 180% 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

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