BetOnMarkets Daily Market Report (6th February)

Read the Daily Market Report from Dave Evans, Professional Trader


	Aussie dips as economy falters. Morning Report: 08.30 London • This morning the AUD/USD is hitting its lowest levels since November after Australian retail sales came in well below estimates. The AUD/JPY is also slipping back by 0.66%. Click here to view full-sized image Click here to view full-sized image • The euro is also slipping back after an extremely strong rally yesterday. Click here to view full-sized image Click here to view full-sized image • Overall the dollar pairs are suffering as the dollar index pushes higher. Click here to view full-sized image Coming up today: • This morning we have German factory orders at 11.00. • Canadian Ivey PMI follows at 15.00. Bet Idea: • Public opinion has swung heavily against the British pound in recent days, but the last three times sentiment hit such extreme levels the pound rebounded within 1-3 months. Click here to view full-sized image A good way to play this could be a ONE TOUCH trade predicting that the GBP/USD will touch 1.6100 before the end of April for a potential return of 128%. 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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